Armenian, Kuwaiti governments sign agreement on encouragement and mutual protection of investmentsJune 25, 2010 - 18:06 AMT 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. 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 | U.S. warns Georgia not to side with Moscow against the west Georgia has been warned by the U.S. not to become an adversary of the west by falling back in line with Moscow. Power of One Dram sums up two-year program with Teach for Armenia Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for children Moscow slams EU mission in Armenia for “provocative activity” The EU mission is doing more and more against Armenia’s neighbors Russia, Azerbaijan and Iran, Mikhail Galuzin said. Yerevan Mayor to travel to Paris on May 15-19 The official delegation headed by Yerevan Mayor Tigran Avinyan will travel to Paris from May 15 to 19. |