US DEPARTMENT OF STATE: US-ARMENIA JOINT ECONOMIC TASKFORCE
M2 PressWIRE
November 24, 2008 Monday
Media Note Office of the Spokesman Washington, DC — The United
States welcomed Armenian Minister of Economy Nerses Yeritsian and
his delegation for the annual US-Armenia Joint Economic Taskforce
(USATF) today. The USATF was formed in 2000 and meets annually
to further economic cooperation and advance economic and market
reforms in Armenia. The meeting was co-chaired by Coordinator for
Assistance to Europe and Eurasia Daniel N. Rosenblum and Minister
Yeritsian. The Taskforce is an open forum to discuss issues of concern
and interest. It also provides the opportunity to check progress in
certain areas and clarify priorities for moving forward.
An Open Skies air services agreement was signed at the conclusion
of the meeting. This agreement will allow air carriers of the
United States and Armenia to make decisions on routes, capacity,
and pricing based on commercial considerations. It includes liberal
"doing business" rights and provides opportunities for cooperative
marketing arrangements, including code sharing.