YEREVAN (Armenpress)–The Armenian embassy in the US reported that on Tuesday–the Governmen’s of Armenia and the United States signed an agreement on the donation of agricultural commodities to Armenia under Section 416b of the Agricultural Act of 1949.
Pursuant to the Agreement–and within the FY 2000 assistance budget–the US Government will fund and administer the purchase and shipment of 60,000 metric tons of wheat to Armenia. The Armenian Government will then sell the commodity made available under this Agreement in the domestic market.
The Agreement provides for the proceeds from this sale be further directed to support local agricultural–irrigation–and educational activities–as well as to fund social welfare and health-care services for the population.
The Agreement was signed by Dr. Arman Kirakossian–the Armenian Ambassador to the United States and Mary Chambliss of the US Department of Agriculture.