U.S. Senate Committee Approves $58Mln Allocation To Armenia As Finan

U.S. SENATE COMMITTEE APPROVES $58MLN ALLOCATION TO ARMENIA AS FINANCIAL ASSISTANCE FOR 2007 FISCAL YEAR

ARKA News Agency, Armenia
July 3 2006

YEREVAN, July 3. /ARKA/. The U.S. Senate Committee on foreign
assignments approved Thursday allocation of $58mln to Armenia as
financial assistance for 2007 fiscal year.

Armenian Assembly of America told ARKA News Agency that this assistance
is $17mln smaller than that of 2006 fiscal tear.

Armenian Assembly of America expressed concern over the reduced
assistance and announced its intention to work with the U.S. Senate and
House of Representatives to ensure necessary resources for Armenia’s
security, prosperity and democratic development.

This assistance is very vital to Armenia, since the country is in
blockade from east and west, the Assembly Executive Director Bryan
Ardouny stressed.

Besides, the Senate’s Committee voted for $3.5-million parity
military assistance to Armenia and Azerbaijan. Both countries will
also receive $790 thousand each under international military education
and training program.

Another $5 million was approved as humanitarian assistance for Nagorno
Karabakh. This assistance is $5mln greater than that of 2006.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS