Armenia, Czech Republic stimulate bilateral investments

Armenia, Czech Republic stimulate bilateral investments

PanARMENIAN.Net - During the March 10 sitting, the Armenian government approved signing of an agreement with the Czech Republic on Stimulation and Mutual Protection of Investments.

According to Armenian Deputy Minister of Economy Ara Petrosyan, the draft agreement was submitted by the Czech Republic to expand economic cooperation and intensify investment and business initiatives.

The agreement is also aimed at creation of the needed contractual-legal basis for investors of the two countries.

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