Armenia interested in developing relations with Kuwait

PanARMENIAN.Net - As part of his state visit to Kuwait, the President of Armenia Serzh Sargsyan met with the director of the investment fund of Kuwait Bader Mohammad Al Saadi. During the meeting the Armenian President spoke about Armenia's readiness to cooperate with the fund, creating necessary conditions for the successful implementation of various investment programs. Agriculture, energy, real estate and mining were pointed as possible areas for cooperation.



Serzh Sargsyan also met with Director General of Fund for Economic Development Abdulwahab Ahmed Al-Bader. During the meeting the President of Armenia underlined that the official Yerevan is interested in promoting cooperation in various spheres and ready to establish cooperation with the Fund. In turn, General Director of the fund attached importance to fund's involvement in the economic development of Armenia.



During the visit, Serzh Sargsyan also met with the head of the RA National Assembly speaker and the prime minister of Kuwait Jassem Mohammad AlHoraffi and Nasser Al Mohammad Al Ahmad Al Jaber Al Sabah. "This is my first visit to the Persian Gulf region. Armenia is interested in deepening relations with Kuwait and other Gulf countries and parliaments in this respect can play a significant role, " Serzh Sargsyan said during his meeting with the speaker of the Kuwaiti parliament.



During the meeting with the prime minister issues of bilateral economic cooperation were discussed. Serzh Sargsyan suggested to establish an intergovernmental commission between Armenia and Kuwait. The parties agreed that the opening of diplomatic missions in Yerevan and Al Kuwait will contribute to further development of relations and two foreign ministries were instructed to intensify consultations on the issue. The parties also agreed to accelerate accelerate the process of concluding an agreement on encouragement and mutual protection of investments, press service of the Armenia's president reports.