Highlights from Armenia-US Memorandum of Understanding

The text of the Memorandum of Understanding signed between the Republic of Armenia and the United States has been published, several important points of which are presented below; the full version can be found on the Government website.

Areas of cooperation between the U.S. and Armenian governments regarding an AI and semiconductor innovation partnership

• Raising awareness among US private sector, associations and other relevant stakeholders about semiconductor ecosystem and trusted export control mechanisms existing in Armenia;
• Enhancing export controls for secure semiconductor supply chains;
• Strengthening effective export controls for artificial intelligence application and model development;
• Strengthening cooperation between the Participants to define, identify and prevent diversion of artificial intelligence resources;
• Preparing the workforce to effectively use and integrate artificial intelligence applications, including issues of freedom, accuracy, integrity, and purpose;
• Opportunities for promoting investment and infrastructure development in Armenia’s high-tech sector.

Areas of cooperation between the US and Armenian governments regarding an energy security partnership

• Civil nuclear energy cooperation, including small modular reactor technologies;
• Promoting investment to bolster Armenia’s critical energy infrastructure, including in the development of battery energy storage stations for renewable energy resources; and

– Promoting investment to modernize Armenia’s electricity transmission and distribution grids;

– Enhancing cybersecurity of Armenia’s energy infrastructure, including through technical assistance.