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ARMENIA AND BAHRAIN TO STIMULATE MUTUAL INVESTMENTS
YEREVAN, April 18. / ARKA /. The Armenian government has approved
today the signing of an agreement with the government of the Kingdom
of Bahrain on encouragement and mutual protection of investments.
The acting economy minister Tigran Davtyan said the agreement is
prompted by the desire of the two countries to develop mutually
beneficial economic cooperation.
"Promotion and protection of mutual investments will contribute to the
development of business activity between the two countries," he said.
The government has also approved the signing of an agreement on
cooperation in customs matters and mutual assistance between the
two governments.
According to the National Statistical Service of Armenia, in 2011,
imports from Bahrain to Armenia totaled about 70 thousand U.S. dollars.
YEREVAN, April 18. / ARKA /. The Armenian government has approved
today the signing of an agreement with the government of the Kingdom
of Bahrain on encouragement and mutual protection of investments.
The acting economy minister Tigran Davtyan said the agreement is
prompted by the desire of the two countries to develop mutually
beneficial economic cooperation.
"Promotion and protection of mutual investments will contribute to the
development of business activity between the two countries," he said.
The government has also approved the signing of an agreement on
cooperation in customs matters and mutual assistance between the
two governments.
According to the National Statistical Service of Armenia, in 2011,
imports from Bahrain to Armenia totaled about 70 thousand U.S. dollars.