AGREEMENT ON ENCOURAGEMENT AND MUTUAL PROTECTION OF INVESTMENTS TO BE SIGNED BETWEEN GOVERNMENTS OF ARMENIA AND ESTONIA
Noyan Tapan
March 4, 2010
YEREVAN, MARCH 4, NOYAN TAPAN. During the March 4 sitting, the Armenian
government endorsed the proposal to sign an agreement on encouragement
and mutual protection of investments between the governments of Armenia
and Estonia. Deputy Minister of Economy Mushegh Tumasian said that
the agreement will contribute to economic development and mutual flow
of private capital between the two countries. Under the agreement,
either side shall provide protection and ensure the security of the
other side’s investments and incomes in its territory.
The government also approved the proposal on economic, scientific and
technical cooperation between the governments of Armenia and Kuwait.
The agreement aims to develop friendly relations of the two countries
and to promote their economic, scientific and technical cooperation.
Armenia and Kuwait will cooperate in various sectors such as tourism,
science, technologies and innovation, transport, agriculture, ICT
sector, etc.