30.01.2008, 14:54 2694

Majilis deputies approved bill on ratification of Agreement between Kazakhstan and Jordan on mutual encouragement and protection of investments

Today at the plenary session Majilis deputies approved the bill on ratification of the Agreement between the government of the Republic of Kazakhstan and the government of Hashemite Kingdom of Jordan on mutual encouragement and protection of investments," the agency reports.

Astana. January 30. Kazakhstan Today - Today at the plenary session Majilis deputies approved the bill on ratification of the Agreement between the government of the Republic of Kazakhstan and the government of Hashemite Kingdom of Jordan on mutual encouragement and protection of investments," the agency reports.

"The agreement stipulates mutual conditions of granting to the investor of both countries of the optimum mode of investments. The agreement regulations extend on all the investments carried out by investors on the territory of either of two states," the conclusion of the Committee for International Affairs, Defense and Security states.

The agreement is concluded for ten years with its subsequent prolongation for the similar term.

The agreement was signed on November 29, 2006 in Amman.

The bill has been directed to the Senate.

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