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USTR Strikes Trade, Investment Deal with Armenia

The Office of the U.S. Trade Representative struck a deal with Armenia to seal a bilateral trade and investment framework pact, the agency said on May 7. The pact creates a U.S.-Armenia Council on Trade and Investment, which will provide…

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a forum to strengthen trade ties, said USTR. The U.S. only imported $96 million in Armenia goods in 2014, the agency said. Notable imports include aluminum, woven apparel, brandy, diamonds, and processed fruit and vegetables.