The United States is not going to abolish double taxation with Armenia, U.S. ambassador to Armenia Richard M. Mills told reporters on Wednesday, September 13, Sputnik Armenia reports.
According to Mills, the double taxation issue was raised by the Armenian government, and the United States has repeatedly noted that signing the agreement will be considered if there is a need to stimulate trade.
The ambassador added that the document on double taxation adopted in the 1970s is quite sufficient for trade between the two countries.
Also, Mills said the U.S. is waiting for the Armenian government to present arguments to justify the need for a new agreement.
Recently, Armenia's ambassador to the United States Grigor Hovhannissian met with U.S. Representative for California Mimi Walters to discuss trade relations between the country and the U.S. state.