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Armenia Caucasus Monitoring

US-Armenia trade up by 35% over 10 months in 2017

Trade between U.S. and Armenia has increased by 35 percent from January to October, U.S. embassy in Yerevan reported.

Thus, trade between the countries reached $99.5 million, the embassy said.

According to the embassy, fueling Armenia’s successful exports to the US is its excellent usage of the General System of Preferences (GSP) that allows many of Armenia’s goods duty free entry into US.

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