Armenia facilitates procedures of mutual investment with Korea
21.06.2019,
13:14
The National Assembly of Armenia adopted Friday the law on liberalization, promotion and mutual protection of investments between Armenia and the Republic of Korea.
YEREVAN, June 21. /ARKA/. The National Assembly of Armenia adopted Friday the law on liberalization, promotion and mutual protection of investments between Armenia and the Republic of Korea.
Avak Avanesyan, deputy economy minister, said presenting the document to the lawmakers that it specifies key investment protection procedures as well as compensation for the damage inflicted and settlement of other disputes between the sides.
“This agreement will allow ensuring favorable and equal conditions for mutual investments, a full protection and security to both countries’ investors as well as a just and equal approach in accordance with international norms,” he said. -0---
Avak Avanesyan, deputy economy minister, said presenting the document to the lawmakers that it specifies key investment protection procedures as well as compensation for the damage inflicted and settlement of other disputes between the sides.
“This agreement will allow ensuring favorable and equal conditions for mutual investments, a full protection and security to both countries’ investors as well as a just and equal approach in accordance with international norms,” he said. -0---
