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The Kuwait National Foundation is likely to finance the construction program of Mastara reservoir. Armenian National Assembly Speaker Hovik Abrahamyan said during a press briefing in parliament with visiting Kuwaiti National Assembly Speaker Ali Fahad Al-Rashed that he had asked his Kuwaiti counterpart to invest $27 million in the reservoir construction. 

“Political dialogue with Kuwait is on a high level and we as parliament speakers should do everything possible to enhance our economic cooperation. I asked the Kuwaiti NA Speaker to assist in financing the program as far as possible,” Hovik Abrahamyan said.

Ali Fahad Al-Rashed spoke of Syria conflict. “We are against a military solution to the Syria crisis. We really want the conflict to be settled,” he said.

Hovik Abrahamyan, for his part, said that Armenia is also for peaceful settlement of the Syria conflict. He reminded that Kuwait was one of the first states to help Syrian-Armenians that fled Syria for Armenia, providing $100,000 aid to them.

Following the press briefing, the Kuwaiti delegation visited Tsitsernakaberd Genocide Memorial.