31.03.2010, 13:14 6379

Majilis ratified agreement between Kazakhstan and Armenia on encouragement of investments

The deputies of Majilis of Parliament at the plenary session today passed the bill on ratification of the agreement between the government of the Republic of Kazakhstan and the Republic of Armenia on encouragement and mutual protection of investments, the agency reports.

Astana. March 31. Kazakhstan Today - The deputies of Majilis of Parliament at the plenary session today passed the bill on ratification of the agreement between the government of the Republic of Kazakhstan and the Republic of Armenia on encouragement and mutual protection of investments, the agency reports.

According to the conclusion of Majilis Committee for International Affairs, Defence and Security, 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 for the purpose of improvement of an investment 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 the territory for investments of investors of the other state and provides fair and equal opportunities for circulation of investments and incomes of investors of the other state.

This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.

Found an error in the text?

Select the error and press Ctrl + Enter at the same time.

relevant news

Most viewed