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We Are Working To Attract Kuwaiti Investors To Armenia - Interview O

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  • We Are Working To Attract Kuwaiti Investors To Armenia - Interview O

    WE ARE WORKING TO ATTRACT KUWAITI INVESTORS TO ARMENIA - INTERVIEW OF KUWAIT'S AMBASSADOR

    April 19, 2013 | 10:02
    By Anna Ghazaryan

    YEREVAN.- An interview of Extraordinary and Plenipotentiary Ambassador
    of Kuwait H.E. Mr.Bassam Alqabandi withArmenian News-NEWS.am.

    Embassy of Kuwait opened in Armenia in 2011. How do you assess the
    level of bilateral relations between our two countries? What has been
    done during this period?

    First of all, I want to share the delight of opening the embassies in
    Yerevan and Kuwait. It should be noted that the two countries already
    had relations before the opening of the embassies. The Armenian
    community of Kuwait is reaching about seven thousand. Kuwait has an
    Armenian school, which is 50 years old. The Armenian community has
    a very good reputation, so we can say that the relations between our
    two countries have been developing historically. As for the opening of
    embassies, a number of mutual visits took place. President of Armenia
    Serzh Sargsyan visited Kuwait in 2009. This was followed by the trips
    of Deputy Prime Minister and Minister of Territorial Administration
    Armen Gevorgyan and Armenian Foreign Minister Edward Nalbandian. From
    the Kuwaiti side I want to mention the visit of Deputy Prime Minister
    and Minister of Finance Mustafa Jassem Al-Shamali to Armenia. The visit
    of Sheikha al-Ahmad al-Jaber al-Sabah of Kuwait is a trip indicating
    the depth of relations between the two countries. The first lady of
    Kuwait is the Chairwoman of the Supreme Committee of the Ideal Mother,
    which is helping families in need.

    There are many ways in which our two countries can cooperate. In
    his inaugural speech, President Serzh Sargsyan noted that Armenia
    will focus on the economic development. We are convinced that our
    countries need to work in this direction. We are working to create
    a solid basis in order to be able to attract Kuwaiti investors. In
    addition, Armenia has recently hosted the Days of Kuwaiti culture.

    The Government of Kuwait has recently provided assistance to the
    Syrian Armenians...

    The Government of Kuwait has provided Syrians with the assistance
    totaling $300 million, out of which $100,000 was allocated to Syrian
    Armenians. The work was done jointly with the [Armenian] Ministry of
    Diaspora. Thanks to the consistent efforts of Minister Hranush Hakobyan
    we managed to hand over coupons by the New Year. Let me remind you
    that Kuwait hosted a conference of donors to collect humanitarian aid
    for the Syrians. The event was convened by the Emir of Kuwait Sabah IV
    Al-Ahmad Al-Jaber Al-Sabah. The conference collected $1.5 billion. Of
    these, $300 million, including $110 million to the UN agency for
    refugees, was allocated by Kuwait. All assistance went to displaced
    Syrians. Emir Al-Sabah, not interfering into the internal affairs of
    Syria, consistently followed for assistance to reach the Syrians.

    You have already mentioned about the economic relations between our
    countries. Which fields are Kuwaiti investors interested in?

    We are convinced that one of the areas attractive for investment is
    the tourism sector. It is also necessary to think about exporting.

    Armenian market is in need of some types of products. The countries
    signed an agreement to waive double taxation. Kuwait and Armenia
    have reached many arrangements. Kuwaiti investors will work on this
    background. We are also working on launching direct flights from
    Kuwait City to Yerevan so that our businessmen could learn more about
    the fields attractive for investments.

    Kuwait plans to build a reservoir in Armenia. Will you please tell
    us about the project?

    The reservoir will be built near the village of Mastara near
    the border with Turkey (Aragatsotn region of Armenia - ed.). The
    Armenian government has submitted a program for the construction
    of the reservoir. The program is now being studied. We are also
    waiting for the papers from the Armenian side. The project will be
    carried out with the funds provided by non-profit Kuwait Fund which
    is implementing 150 programs worldwide. Construction of the reservoir
    plays an important role for agriculture and cattle breeding in Armenia.

    You mentioned Kuwait-Yerevan direct flights. Could you clarify the
    situation on recent statements made by the head of Armenia's General
    Department of Civil Aviation Artyom Movsisyan. Can you name the
    possible date for the opening of flights?

    We are working on the opening of Kuwait-Yerevan direct flights,
    taking into account the close geographic location between the states.

    Regarding his statements, I read in press that he was speaking
    about an agreement. However, there was no agreement. We did not sign
    anything. There is no particular paper. As to the date, we are waiting
    for an answer from Armenian civil aviation and Kuwaiti civil aviation
    and of course Kuwait Airways as a national carrier. Kuwait Airways has
    a good history. They are studying the project of having a direct flight
    from Kuwait to Armenia. We can start with two flights a week, and then
    we will see in the future how we can increase the number of flights.

    There is not much information about Armenian community of Kuwait. What
    can you tell about Armenians living in your country?

    There are 7,000 Armenians living in Kuwait. They are students,
    businessmen, workers. Historically Armenians worked as handcrafters
    and engineers. People are happy with Armenian community because they
    are peace-loving people. They have their school and their church. And,
    we are happy to have such a community. They have their role in economy
    and culture.

    What is Kuwait's official position on the Karabakh issue?

    We are following the regulations of the United Nations. This is a very
    sensitive issue for both nations. We hope you will be able to solve
    the issue through Minsk Group peacefully and without war. Believe me,
    no war had a good result. No one wins after war. People are dying...

    for what? [Are they dying] for water, for land, or for oil? Human
    being is more important. I wish Armenia and Azerbaijan could sit at
    the negotiating table. There should be sacrifice from both sides. You
    must solve the issue between the two states directly.

    http://news.am/eng/news/149386.html



    From: Emil Lazarian | Ararat NewsPress
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