U.S. Agency OPIC Head David Bohigian to be Keynote Speaker at National Advocacy Conference

 

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Armenian Assembly of America Executive Director Bryan Ardouny, OPIC Acting President and CEO David Bohigian, and Armenian Assembly of America Co-Chair Anthony Barsamian

WASHINGTON, D.C. – The Armenian Assembly of America (Assembly) is pleased to announce that Overseas Private Investment Corporation (OPIC) Acting President and Chief Executive Officer (CEO) David Bohigian will be the keynote speaker at the Assembly’s National Advocacy Conference luncheon in Washington, D.C. on Monday, September 16, 2019. Bohigian is the highest ranking Armenian American official in the current Administration, appointed by President Donald Trump.

OPIC is a self-sustaining U.S. Government agency that helps American businesses invest in emerging markets. The U.S. agency provides financial products such as loans and guaranties, political risk insurance, and support for investment funds, all of which help American businesses expand into emerging markets.

“Mr. Bohigian’s insights on OPIC’s mission and perspective from his visit to Armenia will give conference participants a better understanding of U.S. support of economic development opportunities in Armenia in support of this young democracy,” Assembly Executive Director Bryan Ardouny stated. “The Armenian Assembly of America strongly supports U.S. initiatives to help provide opportunities in Armenia and strengthen its economy, in addition to having a strong record in promoting U.S.-Armenia relations, including the advancement of democracy, rule of law, and good governance.”

Bohigian has served as Acting President and CEO since March 2019, and was Executive Vice President since August 2017, when he was sworn in by the Senate. This year, Bohigian and Ivanka Trump launched OPIC’s 2X Africa initiative to support investment in women in Africa.  From 2002 to 2009, Bohigian held several senior positions at the U.S. Department of Commerce under the George W. Bush administration. As the Assistant Secretary for Market Access and Compliance in the International Trade Administration, he focused on eliminating barriers to trade and investment for U.S. companies. Prior to that, he was the Director of the Department of Commerce’s Office of Policy and Strategic Planning as the lead economic and energy advisor to two Secretaries.

OPIC has a long history of supporting development in Eurasia, and was an early investor in the newly independent states in the 1990s following the fall of Communism. Today this region remains critical to American foreign policy and OPIC continues to actively support investment in the area. In 2019, OPIC implemented a project on long-term home mortgage loans to households in the Republic of Armenia with First Mortgage Company III, and is expected to have a positive developmental impact by expanding the availability of mortgages to women and low-income/rural families in Armenia.

Other OPIC projects in Armenia in the past ten years include Eurasia Foundation (2016), WBC – Ardshinbank CJSC (2016), ACBA Credit Agricole Bank CJSC (2014 & 2012), Promyshlenno-Stroitelny Investitsionny (2013), Marriott Hotel (2013), MicroVest Short Duration Fund, LP (2012), First Mortgage Company II (2012), and Ardshininvestbank (2009).

In addition to the luncheon, the National Advocacy Conference and Gala includes panel discussions, meetings on Capitol Hill, and a congressional celebration on United States-Armenia relations.

Tickets are available online at www.aimhye.com/events/tickets. Early bird ticket prices are available until the end of today, August 5, and special hotel rates at the Wharf InterContinental Hotel are open until August 14. For more information on the National Advocacy Conference, visit www.aimhye.com.

Established in 1972, the Armenian Assembly of America is the largest Washington-based nationwide organization promoting public understanding and awareness of Armenian issues. The Assembly is a non-partisan, 501(c)(3) tax-exempt membership organization.

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NR#: 2019-031

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Congress Rallies in Support of HALO Trust Demining Efforts in Artsakh

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Rep. TJ Cox (D-CA) and Rep. Brad Sherman (D-CA)

WASHINGTON, D.C. – Eighty-nine U.S. House of Representatives rallied together to support The HALO Trust’s demining efforts in Artsakh (Nagorno Karabakh) in a letter spearheaded by Congressmen TJ Cox (D-CA) and Brad Sherman (D-CA). In addition, a similar letter is being considered in the Senate, reported the Armenian Assembly of America (Assembly).

“We strongly urge USAID to reconsider the decision to stop funding for humanitarian landmine clearance in Nagorno Karabakh at the end of this year. It’s more important than ever that we continue to support the humanitarian demining program in the region until mine-free status is achieved,” the letter reads.

The Members of Congress point out in the letter that if USAID halts all support for demining in the region, the move “would leave the people of Nagorno Karabakh to live in fear of death or injury from landmines, with no local capacity in place to address this ongoing threat.”

“With thousands of landmines still left in the ground, and families living daily in the shadow of death or devastating injury, this is no time for the United States to back away from its historic commitment to the people of Nagorno Karabakh,” The HALO Trust USA Executive Director Chris Whatley said.

“The Armenian Assembly of America appreciates the strong support from so many Members of Congress on this important humanitarian initiative. We would also like to thank The HALO Trust for their critically important life-saving work,” Assembly Congressional Relations Director Mariam Khaloyan stated.

Established in 1972, the Armenian Assembly of America is the largest Washington-based nationwide organization promoting public understanding and awareness of Armenian issues. The Assembly is a non-partisan, 501(c)(3) tax-exempt membership organization.

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NR# 2019-030

Click here to read the full letter

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