Armenia and Estonia intend to stimulate mutual investments

Armenia and Estonia intend to stimulate mutual investments
ARKA, 04.03.2010

Government of Armenia and Estonia signed an agreement “On stimulation and mutual protection of investments” on Thursday during government meeting, said Mushegh Tumasyan, Deputy Minister of Economy of Armenia. This agreement was proposed by Estonia.
The agreement was directed at the creation of favorable conditions for economic cooperation between two countries and protection of investments. It will assist in turnover of private capital between Armenia and Estonia and their economic development, as well as stimulate economic potential and increase life level.