Armenia and Luxembourg have many opportunities to develop the economic relations, Luxembourg’s minister of foreign and European affairs Jean Asselborn said at a joint press conference with his Armenian counterpart Edward Nalbandian in Yerevan on March 27, reports Armenpress.
“The talk also is about avoiding double taxation. Luxembourg is a country where there are investment funds, and in this regard, we are the second state of the planet, huge sums are being invested – four trillion Euros, but unfortunately, this money doesn’t belong to us, otherwise we could share with you. This money comes from all corners of the planet, and we are an important banking center. But Armenia is a country which I personally, as well as the EU states highly value, and we are happy that we managed to find a cooperation format that ...
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