May 17, 2012 - 12:06 AMT
Latvia, Armenia tourism development deal approved

On May 17, the government of Armenia approved an agreement on development of tourism signed with Latvia.

According to Economy Minister Tigran Davtyan, progressing Latvia-Armenia ties in the sector of tourism triggered the necessity of creating a legal field to facilitate cooperation.

The agreement will promote creation of favorable environment for cultural tourism, help stimulate investments and form ties between business entities.