Could any aspects of Kuwaiti FDI legislation be applied in Armenia?

Abstract

Because of the scarcity of academic writings about Kuwaiti FDI legislation as well as the unavailability of official translations of most of the Kuwaiti laws and regulations, this essay will heavily rely on other available sources. Among those are mainly reports and summaries by internationally recognized organizations and authorities. This paper tried to selectively pick the data and facts from those sources in order to minimize their effect on its objectivity. The translations of a number of the Kuwaiti laws used are non-official. However, this paper tried to use the most reliable translations, prepared by authoritative law firms. The Armenian laws, regulations and policies referred to in this paper are the official translations, taken from the official database /parliament.am/ and the government website /gov.am/. All of the financial data referred to in this paper is picked either from primary or secondary sources. The data is outlined in local currency (Kuwaiti Dinar or Armenian Dram) and in United States Dollar. The data in USD is an estimate using average currency exchange rates of 2016. This information is aimed at helping the reader’s understanding of the data.