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Parliament Ratified Agreement Between Kazakhstan And Armenia On Mutu

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  • Parliament Ratified Agreement Between Kazakhstan And Armenia On Mutu

    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
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