Armenian, Kuwaiti governments sign agreement on encouragement and mutual protection of investments

PanARMENIAN.Net - Armenian Prime Minister Tigran Sargsyan received a Kuwaiti delegation led by Minister of Finance Mustafa Jassem Al-Shamali. Armenian Minister of Finance Tigran Davtyan was also attending the meeting.

The Armenian PM attached importance to the development of relations with Kuwait and expressed hope that the delegation’s visit will contribute to it, the RA government’s press service reported.

Outlooks of implementation of mutually beneficial investment programs, as well as creation of favorable conditions in the mining, tourism and air communication fields were in the focus of the meeting.

Besides, the parties emphasized the necessity of establishment of an intergovernmental commission to develop economic ties.

In completion, Armenian Minister of Finance and his Kuwaiti counterpart signed an agreement on encouragement and mutual protection of investments between the Armenian and Kuwaiti governments.