Friday, January 27 2017 14:02

ArmInfo. Armenian Prime  Minister Karen Karapetyan received newly appointed Ambassador  Extraordinary and Plenipotentiary of the State of Kuwait to the  Republic of Armenia Nawaf Alenezi.

The press office of the Armenian Government reports that  congratulating the Ambassador on assuming his diplomatic mission, the  Prime Minister expressed his government's willingness to further  develop and strengthen bilateral relations. Highly appreciative of  the ongoing cooperation between Armenia and Kuwait, Karen Karapepyan  highlighted the potential for deepening and expanding economic ties.

"As we are going to set up an investment fund, we would be happy to  see closer cooperation unfolded between our two countries' investment  institutions. We are ready to present through your office to Kuwaiti  entrepreneurs those actions and investment project packages aimed at  improving Armenia's business environment, hold meetings and  discussions with the participation of the respective business  circles," the Premier said. Karen Karapetyan also suggested  considering the possibility of establishing direct air communication  between Armenia and Kuwait.

Thankful for the warm welcome, Nawaf Alenezi said he would do  everything possible to upgrade and give new impetus to  Armenian-Kuwaiti relations. He attached importance to the deepening  of economic ties, adding that the Kuwaiti Investment Fund would be  interested in cooperating with the new fund to be established in  Armenia.  "We are ready to discuss and forward to our business  circles your government's investment programs with a view to making a  breakthrough in this field," the Ambassador pointed out, adding that  he had been tasked by the Emir of Kuwait to promote multilateral ties  with Armenia and would do his best to achieve this goal.

The parties stressed the importance of Intergovernmental Commission's  active efforts.