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Parliament ratified agreement between Kazakhstan and Jordan on mutual encouragement and protection of investments

21.02.2008 2022

Astana. February, 21. Kazakhstan Today - Today at the plenary session the deputies of the Senate passed the law On ratification of the Agreement between the government of the Republic of Kazakhstan and the government of the Hashimit Kingdom of Jordan on mutual encouragement and protection of investments, the agency reports.

Thus, the law has been accepted by the Parliament and is forwarded to the leader of the state.

As it was informed earlier, the agreement stipulates mutual conditions for granting to investors of both countries optimum mode of investments. The agreement extends on all investments carried out by investors on the territory of either of two states.

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

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

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