Armenia, Kuwait to sign agreement on mutual protection of investmentsJune 24, 2010 - 15:02 AMT PanARMENIAN.Net - On June 24, a Kuwaiti delegation led by Minister of Finance Mustafa Al-Shamali will arrive in Armenia on a two-day visit at the invitation of Armenian Minister of Finance Tigran Davtyan. During the visit, a working meeting will be organized to discuss issues of mutual interest, the Ministry’s press service reported. An agreement on Encouragement and Mutual Protection of Investments is expected to be signed between the Kuwaiti and Armenian governments, aiming at encouragement of investment and business initiatives, as well as boosting economic cooperation. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Armenia, Turkey discuss restoration of historic bridge The meeting took place on May 17 in Ashgabat on the sidelines of an international conference of ministers of culture. EU welcomes Armenia-Azerbaijan “progress” The EU has welcomed “progress” made in the framework of the Armenia-Azerbaijan border delimitation process. Belarus opposition leader slams Lukashenko for Karabakh trip Belarusian opposition politician Sviatlana Tsikhanouskaya has harshly criticized the visit of Lukashenko to Karabakh. Mkhitaryan raises arrest of former Karabakh leaders in Azerbaijan Inter Milan star Henrikh Mkhitaryan has shared a news story about the extension of the arrest of former Karabakh leaders. |