US-ARMENIA JOINT ECONOMIC TASKFORCE

US Department of State, DC
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Oct 23 2007

We welcomed Armenian Prime Minister Serzh Sargsyan and his delegation
for the annual US-Armenia Joint Economic Taskforce (USATF) today.

Prime Minister Sargsyan met with Secretary of State Condoleezza Rice
and Under Secretary of State for Economic Affairs Reuben Jeffrey.

The USATF was formed in 2000 and meets annually to further economic
cooperation and advance economic and market reforms in Armenia. The
task force is an open forum used by both countries to discuss issues
of concern and interest. It also provides the opportunity to check
progress in certain areas and clarify priorities for moving forward.

It produces an action plan that is used to tailor assistance to
Armenia from the United States Government, through the Office of
the Coordinator of Europe and Eurasia at the Department of State. An
aviation agreement was signed prior to the meeting which was co-chaired
by Thomas C. Adams, Coordinator for Assistance to Europe and Eurasia
and Vardan Khachatryan, Armenian Minister of Finance and Economy. This
agreement will enhance our cooperation in civil aviation security, and
will clarify the framework for effective communication during potential
crises and allow for assistance in the event of an aviation accident.

From: Emil Lazarian | Ararat NewsPress