What potential U.S. investors expect from Armenia: OPIC Exec Vice PresSeptember 20, 2018 - 11:38 AMT PanARMENIAN.Net - Executive Vice President of the Overseas Private Investment Corporation (OPIC) David Bohigian has revealed that the United States is willing to support the citizens of Armenia in achieving democracy and real market relations, Voice of America reports. According to Bohigian, private investors expect two things from Armenia - continuous fight against corruption and corresponding legislation, and a long-term economic program proposed by a government that will be formed following snap parliamentary elections next year. The OPIC Vice President said he sees the current Armenian government’s enthusiasm in fighting corruption and establishing rule of law in the country. Bohigian believes that after reforms Armenia with “a brilliant human capital” will become one of the most attractive countries for foreign investment. The Armenian Embassy in the United States hosted Bohigian for a debriefing upon completion of the regional assessment tour in August. The session covered topics from the U.S.-Armenia economic agenda, OPIC portfolio in the Caucasus, investment opportunities and priority sectors for OPIC financing. 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 | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |