ARMENIA AND ESTONIA ARE INTENDED TO STIMULATE MUTUAL INVESTMENTS

ARKA
March 4, 2010

YEREVAN, March 4. /ARKA/. Government of Armenia and Estonia signed
an agreement "On stimulation and mutual protection of investments"
on Thursday during government meeting, said Mushegh Tumasyan, Deputy
Minister of Economy of Armenia. This agreement was proposed by Estonia.

The agreement was directed at the creation of favorable conditions
for economic cooperation between two countries and protection of
investments. It will assist in turnover of private capital between
Armenia and Estonia and their economic development, as well as
stimulate economic potential and increase life level.