The Foreign Agricultural Service (FAS) of the U.S. Department of Agriculture (USDA) works to improve foreign market access for U.S. products, build new markets, improve the competitive position of U.S. agriculture in the global marketplace, and provide food aid and technical assistance to foreign countries.

FAS has the primary responsibility for USDA’s international activities—market development, trade agreements and negotiations, and the collection and analysis of statistics and market information. It also administers USDA’s export credit guarantee and food aid programs, and helps increase income and food availability in developing nations by mobilizing expertise for agriculturally led economic growth.

Sean Carmody, United States Department of Agriculture (USDA), Agricultural Project Coordinator in Armenia/Georgia and Frederic Johnston, Office of Capacity Building and Development, Foreign Agricultural Services, USDA has contributed much to the development and successes of Farm Credit Armenia.

The Farm Credit System  is a nationwide network of borrower-owned financial institutions and specialized service organizations in the U.S. Farm Credit consists of five Farm Credit Banks that provide funding and affiliated services to approximately 100 locally owned Farm Credit associations and numerous cooperatives nationwide.

The fundamental purpose of this network of Government-sponsored enterprises created by Congress in 1916 is to provide American Agriculture with a source of sound, dependable credit at competitive rates of interest. Farm Credit provides credit and related services to farmers, ranchers, producers and harvesters of aquatic products, rural homeowners, certain farm-related businesses, agricultural and aquatic cooperatives, rural utilities, and to certain foreign or domestic entities in connection with international agricultural credit transactions.

Farm Credit provides some $103 billion in loans to more than a half million growers, agribusiness and agricultural cooperatives, electric and telephone cooperatives, and rural utility and water systems. Overall, more than 30 percent of the credit needs of U.S. agriculture are met by Farm Credit institutions.

Today, Farm Credit institutions are organized as cooperative businesses, each owned by it's member-borrow stockholders who have the right to participate in director elections and vote on issues affecting the institution's operations.

Farm Credit Armenia has got excellent relationships with Farm Credit System Mid Atlantic, Virginia associations and CoBank, AgFirst banks.

Farm Credit Administration’s mission is to ensure a safe, sound, and dependable source of credit and related services for agriculture and rural America. Tha agency was created by a 1933 Executive order of President Franklin D. Roosevelt. Today the Agency derives its authority from the Farm Credit Act of 1971, as amended.

FCA headquarter is located in McLean, Virginia. FCA also has field offices in Bloomington, Minnesota; Dallas, Texas; Denver, Colorado; and Sacramento, California.

The Farm Credit Administration is an independent Federal agency that regulates and examines the banks, associations, and related entities of the Farm Credit System (FCS), including the Federal Agricultural Mortgage Corporation (Farmer Mac).

In April 2008 Farm Credit Armenia hosted a group of visitors from the U.S. Farm Credit Administration, among them were Nancy Pellett, the former Chairman and CEO of Farm Credit Administration. Ms. Pellett had meetings with the highest authority officials of the Ministry of Agriculture and the Central Bank of Armenia. She also gave speeches at Finance Banking Collage and the Central Bank of Armenia.

Farm Credit Armenia CEO and the board members met with Leland A. Strom the Chairman of the Board and CEO of the Farm Credit Administration at his office in McLean, Virginia in 2008.

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 Millennium Challenge Account-Armenia (MCA-Armenia), a State Non Commercial Organization established by the Government of Armenia, is responsible for overseeing the transparent implementation of the Contract signed between the Millennium Challenge Corporation (MCC) and the Government of Armenia. Farm Credit Armenia cooperates with MCA-Armenia in the framework of Water to Market component of Irrigation Project, one sub-activity of which is increasing the availability of longer-term credits to Water-to-Market project beneficiaries.

Farm Credit Armenia UCO CC successfully participated at the first stage of the credit program and received award certificate from MCA-Armenia. Farm Credit Armenia UCO CC is intending to participate at the second stage of the program soon.