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    Categories: 2021

Asbarez: Proposed Biden Trade Action Threatens over 700 Manufacturing Jobs in Armenia

June 9, 2021



Commerce Department is set to block Armenia’s aluminum foil exports to the U.S.

Department of Commerce Set to Block Armenia’s Aluminum Foil Exports to the United States

WASHINGTON—The Department of Commerce is set to undertake a punitive trade action against Armenal, Armenia’s sole producer and exporter of aluminum foil, a counter-productive proposal strongly opposed by the Armenian National Committee of America.

The ANCA supports a balanced “suspension agreement” that would put in place a managed bilateral trade regime to resolve outstanding issues in a mutually beneficial manner that protects domestic U.S. interests while avoiding devastating impacts on Armenia’s economy.

Armenal is a major taxpayer that contributes meaningfully to Armenia’s budget, directly employs over 700 skilled workers in the Arabkir region, and indirectly supports the livelihoods of thousands of families across Armenia. Armenal’s aluminum foil exports have, in recent years, accounted for as much as three-quarters of Armenia’s total exports to the United States, but represent only a small fraction of total U.S. imports, and an even smaller share of the total U.S. market.

“Now, more than ever, the Biden Administration needs to be pro-actively supporting Armenia’s sovereignty and Artsakh’s security – amicably resolving trade issues and energetically boosting U.S.-Armenia economic ties – certainly not targeting Armenian workers with punitive trade actions,” said ANCA Executive Director Aram Hamparian. “A ‘suspension agreement’ will be a win-win, providing all stakeholders with the time and space to address this matter in a cooperative manner.”

The punitive trade action, https://www.federalregister.gov/documents/2021/05/04/2021-09321/certain-aluminum-foil-from-the-republic-of-armenia-preliminary-affirmative-determination-of-sales-at currently being considered by the Commerce Department, comes amid Armenia’s ongoing Covid-19 pandemic, the economic and refugee crisis caused by Azerbaijan’s ethnic cleansing of Artsakh last fall, and Baku’s ongoing aggression against Armenia.

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