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Export-Import Bank Approves Controversial Baku Satellite Financing Deal

The U.S. Export-Import Bank Wednesday voted to approve a controversial deal to finance Azerbaijan’s purchase of an advanced satellite just weeks after Azerbaijan threatened to shoot down a civilian airliner. The decision comes despite serious Congressional reservations and strong opposition by the Armenian American community to U.S. actions that will strengthen Azerbaijan’s military capabilities at a time of increasing threats and acts of aggression by Baku against both Armenia and Nagorno-Karabakh, reported the Armenian National Committee of America