YEREVAN. – Delegation of SCJSC Armenian Development Agency (ADA) visited Kuwait on December 11-15. ADA deals with stimulating Armenian export and attracting foreign investors.

The delegation met with the Kuwait Fund for Arab Economic Development (KFAED), Kuwait Investment Company (KIC) as well as Kuwaiti deputy Minister of Economy, ADA informs Armenian News-NEWS.am.

The sides discussed possible cooperation on tourism, agriculture, jewelry, processing diamonds, chemical industry, renewable energy and infrastructures.

According to the agreement, Kuwaiti delegation will arrive in Armenia to get acquainted with the investment opportunities. Besides, preparation works will be handled jointly on industrial-agricultural exhibition of the Armenian goods within the frameworks of the second session of the Armenian-Kuwaiti intergovernmental economic commission, scheduled for next year.

As a result of the meeting, ADA and KIC signed a memorandum of cooperation.