GLENDALE–Congressman Adam Schiff (CA-27) attended "Expo Armenia 2001" on June 16 in Glendale to see first-hand Armenian-made products available for the international market. Congressman Schiff–who represents the largest concentration of Armenia’s outside of Armenia–was pleased to see the large turnout and level of interest in investment opportunities in Armenia presented during the inaugural ‘Made in Armenia’ expo organized by the Armenian-American Chamber of Commerce. Congressman Schiff was accompanied by his district representative Anahid Oshagan and legislative assistant for foreign policy and trade Mannik Khatchatrian.
On June 22–Congressman Schiff met with California Trade–Technology and Commerce Secretary Lon Hatamiya–California state Senator Jack Scott (D-Pasadena)–state Assembly members Dario Frommer (D-Glendale) and Carol Liu (D-Pasadena)–Armenian Consul General in Los Angeles Valery Mkrtoumian–and Vahram Nercissiantz–Chief Economic Advisor to President Kocharian–to discuss opportunities for formalizing trade relations between the State of California and Armenia. Congressman Schiff initiated discussions on the benefits of a Memorandum of Understanding between California and Armenia on trade–tourism and technology during his tenure in the state Senate–having worked with the former Consul General Armen Melkonian and the Armenian National Committee.
"A trade agreement would not only strengthen California’s economy–which relies heavily on international trade–but it would bolster Armenia’s market economy," said Congressman Schiff. "Some of the biggest importers of Armenian goods are based in California. A trade agreement to help those California businesses expand their operations–while creating new opportunities for small- and medium-sized companies is a win-win situation."