The Government of Armenia on Thursday approved the country’s bill on ratification of the agreement between Armenia and Japan, and with respect to liberalization, promotion, and protection of investments.

Tigran Khachatryan, the Acting Minister of Economic Development and Investments, presented the matter at Thursday’s Cabinet session.

He noted that a continued progress and development was recorded in recent years in Armenia-Japan correlations.

Khachatryan added that the ratification of this agreement will give great impetus to the development of bilateral economic relations.