HEARING SPOTLIGHTS TRADE OFFICE IN ARMENIA.Byline: Naush Boghossian Staff Writer GLENDALE - The first Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, hearing about a plan to create a trade office in Armenia drew dozens of people Tuesday, including a state assemblyman as·sem·bly·man n. A man who is a member of a legislative assembly. assemblyman Noun pl -men a member of a legislative assembly Noun 1. and several local business owners who spoke in favor of upon the side of; favorable to; for the advantage of. See also: favor the proposal. The informal hearing by the Senate Banking, Commerce and International Trade Committee was held at the Glendale Central Library to discuss Senate Bill 179, which would establish a trade office overseas to increase business opportunities for California's 500,000 Armenians. ``Obviously, we have a deep affection and interest in the newly independent country of Armenia, and I think that affection and trade can work hand in hand,'' said Sen. Jack Scott, D-Pasadena, who sponsored the bill. The bill is pending in the legislative policy committee and may be debated when the Legislature returns in January. Assemblyman Dario Frommer Dario Frommer (born October 22, 1963 in Long Beach, California) was a member of the California State Assembly from 2000 until 2006. He served as Majority Leader from 2004 until 2006. Frommer also served as Chair of the Health Committee. , D-Glendale, supports a trade agreement, saying that California already exports machinery and technology to Armenia and imports food stuffs, alcohol, liquors, textiles and leather goods. ``In that region, there's clearly potential as republics emerge and reach out to get foreign investment and trade,'' Frommer said. Armenian businessmen also spoke, reiterating that Armenia is highly dependent on trade and imports to develop its economy in the face of blockades by Turkey and Azerbaijan. A memorandum of understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. between California and Armenia would be the first step in opening an official trade office in the region and is expected to be finalized See finalization. in November. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion