The draft law on the ratification of the intergovernmental agreement between Moscow and Baku on the encouragement and mutual protection of the investments was approved by the Russian government commission on legislative activities. Now it will be discussed at a meeting of the Cabinet of Ministers, the official website of the Cabinet said.
"The ratification of the agreement will create the necessary legal framework in the field of protection of mutual investments and the settlement of investment disputes. It will provide a long-term stability and predictability of the legal environment for the Russian and Azerbaijani investors, and will boost investment and economic cooperation between the two countries," the government said.
