“The American Chamber of Commerce in Armenia’s (AmCham) public call for a U.S-Armenia Trade and Investment Agreement (TIFA) was welcomed today by the Armenian National Committee of America (ANCA) as a meaningful step toward putting in place a much-needed bilateral accord aimed at creating new export-driven jobs and economic growth in the United States and Armenia. AmCham is an affiliate of the U.S. Chamber of Commerce,” ANCA reports.

“In a statement circulated earlier today, AMCHAM Chairman of the Board David Atanessian explained that “it is our strong belief that concluding TIFA is in the spirit of deepening the bonds and increasing the dialogue between the two friendly nations,” the source says.

“We want to express our appreciation to David Atanessian and the entire AmCham leadership team for their vision and leadership in promoting the growth of U.S.-Armenia business, trade, and investment relations,” said ANCA Executive Director Aram Hamparian. “A TIFA would, as AmCham rightly notes, not only broaden commercial cooperation, but also play a vital role in deepening the bonds and increasing the dialogue between two friendly nations.”