On June 25, RA National Assembly Speaker Hovik Abrahamyan received a delegation headed by Kuwaiti Finance Minister Mustafa al-Jassim al-Shamali.

Abrahamyan welcomed the signing of an agreement on promotion and protection of investments between the RA Government and State of Kuwait, aimed to promote Kuwaiti investments and create favorable conditions for two states’ businessmen to make economic investments, the RA NA press service reports. In this regard, the officials pointed out the significance of a business forum, business contacts, cooperation in international agencies and mutual visits.

There are parliamentary friendship groups in two states.

Mustafa al-Jassim al-Shamali stressed Kuwait is interested in developing trade and economic, as well as scientific and educational ties with Armenia.

The sides also discussed regional issues, including the Armenia-Turkey normalization, the Karabakh peace process.  The officials stressed a settlement through negotiations has no alternative in the 21st century, and warlike statements cannot contribute to the peace process.