PARLIAMENT RATIFIED AGREEMENT BETWEEN KAZAKHSTAN AND ARMENIA ON MUTUAL PROTECTION OF INVESTMENTS

Gazeta.KZ
April 29 2010
Kazakhstan

Astana. April 29. Kazakhstan Today – The deputies of the Senate of
Parliament of Kazakhstan at the plenary session today passed the law
on ratification of the agreement between the government of Kazakhstan
and the Republic of Armenia on encouragement and mutual protection
of investments, the agency reports.

As informed earlier, the agreement between the government of the
Republic of Kazakhstan and the Republic of Armenia on encouragement
and mutual protection of investments was signed on November 6, 2006.

The agreement was signed to improve an nvestment climate of two
countries and further development of mutually beneficial trade and
economic cooperation.

According to article 2, each party encourages and creates favorable
conditions in their territories for the investors of the other state
and provides fair and equal opportunities for investments and incomes
of investors of the other state.

From: Emil Lazarian | Ararat NewsPress