Pan Armenian News

U.S. AND ARMENIAN BUSINESSMEN LITTLE INFORMED OF EACH OTHER

16.09.2005 04:36

/PanARMENIAN.Net/ Today the presentation of U.S. international program
titled `Regional Cooperation’ was held in Yerevan today within the framework
of Armenia EXPO 2005. The program was presented by Elizabeth Pelletreau,
head of the department of economic affairs at the U.S. Embassy. In her words
the commodity turnover between Armenia and the United States in not big.
Presently the volume of the U.S. export to Armenia makes $100 thousand; at
that the figure twice exceeds Armenia’s export to the U.S. The fact is that
the Armenian and American businessmen are possess poor information about
each other. Thus the purpose of the program is to raise the awareness of the
businessmen. Ms. Pelletreau noted the Armenian textile industry and touched
upon CARD program launched by the U.S. Department of Agriculture. Stressing
the necessity of stimulating the Armenian-American ties she also informed
that a conference titled `Competition’ will be held in Yerevan October
15-16. Its participants will discuss regional cooperation and healthy
competition.