Trade between the U.S. and Armenia is up 35% for the first 10 months of 2017, the US Embassy said in a Twitter post.
Trade between US & #Armenia is up 35% Jan-Oct 2017 totaling $99.5 million! 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. #EconomicPartnership pic.twitter.com/pzkxrJ1kT4
— US Embassy, Armenia (@usembarmenia) December 13, 2017
Total trade between the two countries from January-October totaled $99.5 million.
“Fueling Armenia’s successful exports to the U.S. is its excellent usage of the General System of Preferences (or GSP) that allows many of Armenia’s goods duty free entry into the U.S., the Embassy said.