Blog Archive

Wednesday, December 27, 2006

Armenia and Kazakhstan Sign Important Agreements



And they say Borat never helped Kazakhstan.
The two countries signed an intergovernmental agreement on citizens' trips, a convention on avoiding double taxation, an agreement on investment protection and a cultural cooperation agreement.

"As a result of talks, we confirmed the urge of our states to further strengthen our relations. Increasing trade and economic ties will contribute to this, for Kazakhstan's business and capital not to be afraid to go to Armenia," he [Nazarbayev] said.
Armenia is doing the right thing, as it needs every friend it can get in the region. What is especially noticeable is how Armenia and other former Soviet states have realized that they need each other to survive, which is a far cry from the initial reaction to freedom by most of these countries, which was akin to economic isolationism. Maybe that's why it took Armenia 15 years for its GDP to surpass Soviet levels.

Source: Portalino

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