Agr't on Encouragement and Mutual Protection of Investments in EurAsEC states ratified
13:13, 10 June 2009
ASTANA. June 10. KAZINFORM /Muratbek Makulbekov/ The Kazakh Majilis has approved the draft Law ?On ratification of the Agreement on Encouragement and Mutual Protection of Investments in the member-states of the Eurasian Economic Community? at a plenary session; Kazinform reports.
This Agreement was signed as part of the 22nd sitting of the EurAsEC Interstate Council held in Moscow on December 12, 2008.
The encouragement and mutual protection of investments based on this Agreement will promote integration processes development, economic growth and mutually beneficial trade-economic and scientific-technical cooperation of the states. The document foresees the favor regime for investors, which conduct their activity on the territory of the partner-states.