Armenia, Kuwait to sign agreement on mutual protection of investmentsJune 24, 2010 - 15:02 AMT PanARMENIAN.Net - On June 24, a Kuwaiti delegation led by Minister of Finance Mustafa Al-Shamali will arrive in Armenia on a two-day visit at the invitation of Armenian Minister of Finance Tigran Davtyan. During the visit, a working meeting will be organized to discuss issues of mutual interest, the Ministry’s press service reported. An agreement on Encouragement and Mutual Protection of Investments is expected to be signed between the Kuwaiti and Armenian governments, aiming at encouragement of investment and business initiatives, as well as boosting economic cooperation. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |