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Trade Relations

Following Armenia's Independence from the Soviet Union in 1992, the US established diplomatic relations with the country. The US supports Armenia in many of its endeavors such as a peaceful resolve to the Nagorno-Karabakh conflict, reopen the closed boarders with Azerbaijan and Turkey, and promote regional prosperity. The US has many trade agreements with Armenia such as the trade and investment framework agreement (TIFA), and am agreement on trade relations, and a bilateral investment treaty (BAT). The US and Armenia frequently convene over the U.S.-Armenia joint economic task force (USATF) to discuss mutual economic and governmental concerns.