Armenia Interested In Developing Relations With Kuwait

ARMENIA INTERESTED IN DEVELOPING RELATIONS WITH KUWAIT

PanARMENIAN.Net
04.11.2009 19:45 GMT+04:00

/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.