PRESS RELEASE
August 15, 2005
Embassy of the Republic of Armenia
2225 R Street, NW, Washington, DC, 20008
Tel: 202-319-1976, x. 348; Fax: 202-319-2982
Email: armecon@speakeasy.net; Web:

Ambassador Markarian Meets U.S. Ex-Im Bank Acting President

On August 12, 2005, Ambassador Tatoul Markarian met with James
H. Lambright, Chairman and Acting President of the U.S. Export Import
Bank and discussed prospects for U.S.-Armenian trade relations and
the potential for the Bank’s programs in Armenia.

Mr. Lambright acknowledged Armenia’s progress in economic reforms
and positive macroeconomic trends, noting that Export-Import Bank
had announced in March the availability of short-term and medium-term
financing for Armenia’s public sector as well. Ambassador Markarian
presented Armenia’s current economic and legal reforms, and the
efforts by the Government of Armenia to promote trade and investment.

It was agreed to work together to promote Ex-Im Bank’s programs in
Armenia and to review Armenia’s risk classification in international
institutions to better reflect the country’s significant achievements
in securing macroeconomic stability and fostering double-digit
economic growth.

From: Emil Lazarian | Ararat NewsPress