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Armenia hails Kuwaiti investments

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  • Armenia hails Kuwaiti investments

    Armenia hails Kuwaiti investments

    01:56 pm | June 25, 2010 | Official

    On June 25, Armenian Foreign Minister Edward Nalbandian received the
    Minister of Finance of Kuwait, Mustafa Jassim Al-Shemali.

    Greeting the guest, Minister Nalbandian noted that "the Armenian and
    Arab peoples have been tied with centuries-old friendship, and
    interstate relations continue developing on this basis." Edward
    Nalbandian added that the development of multifaceted relations with
    the Arab world was among the priorities of Armenia's foreign policy.

    Mr. Nalbandian noted that Armenian President's state visit to Kuwait
    in November 2008 marked a breakthrough in a number of spheres; an
    Armenian Embassy was established in Kuwait.

    Minister Mustafa Jassim Al-Shemali thanked the Armenian FM for the
    warm reception extending the greetings of Kuwaiti Prime Minister and
    Foreign Minister.

    Mustafa Jassim Al-Shemali assured that his country intends to expand
    the cooperation with friendly Armenia and is taking concrete steps in
    that direction, noting that his visit will be followed by visits of
    high-level officials.

    The parties discussed issues related to the expansion of relations in
    the spheres of trade and economy, education, science and agriculture.
    Edward Nalbandian said Armenia welcomed Kuwait's investments in
    different spheres of its economy.

    Minister Nalbandian hailed the signing of the agreement on
    encouragement and mutual protection of investments. The parties noted
    that the establishment of air communication between Armenia and Kuwait
    would contribute to the development of economic cooperation.

    The Armenian Foreign Minister asked Mustafa Jassim Al-Shemali to
    convey his greetings to his Kuwaiti counterpart.

    http://a1plus.am/en/official/2010/06/25/edward-nalbandyan




    From: A. Papazian
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