U.S. Will Not Cut Financial Aid For Armenia, Karabakh

U.S. WILL NOT CUT FINANCIAL AID FOR ARMENIA, KARABAKH

Interfax
June 18 2009
Russia

The United States House appropriations subcommittee on foreign
operations has decided to keep the $48-million financial aid for
Armenia in its draft 2010 budget, the Armenian National Committee of
America (ANCA) said on Thursday.

Nagorno-Karabakh will be granted $10 million, it said.

Moreover, both Armenia and Azerbaijan will receive $3 million each
in military aid.

This means that President Barack Obama’s proposals to reduce economic
aid for Armenia by 38% and to break the military aid parity in favor
of Azerbaijan have been rejected, ANCA said.