U.S.-Armenia Double Tax Treaty to be discussed in MarchFebruary 12, 2018 - 12:02 AMT PanARMENIAN.Net - Discussions on a new U.S.-Armenia Double Tax Treaty will be discussed at an intergovernmental committee session in March, Armenia’s finance minister Vardan Aramyan has said, according to Aysor.am. “I can’t remember a single intergovernmental commission session without discussions on the matter,” Aramyan said, adding that he has already discussed the issue with U.S. ambassador to Armenia Richard M. Mills. “We are confident that the lack of such a deal hinders positive decisions by economic entities.” “It is important for Armenia to have a Double Tax treaty with the U.S. if we want to expand economic relations,” Aramyan said, revealing that is American counterpart has already given the first positive response. U.S. Treasury Secretary Steven Mnuchin, during Congressional testimony on February 6 before the U.S. House Financial Services Committee, agreed - in response to direct questioning by Representative Brad Sherman (D-CA) - to commit Treasury Department officials to pursue a new U.S.-Armenia Double Tax Treaty, a long-overdue bilateral accord that will remove barriers to the growth of U.S.-Armenia economic relations. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |