Russia sets conditions for Abkhazia to receive new investment

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New Russian investments will enter the Abkhazian economy if Abkhazia adopts a regulatory framework that will protect investments. In this respect informs apsnypress.info refers to the statement made by the Russian Minister of Economic Development Maxim Reshetnikov during his meeting with President Aslan Bzhaniya as part of his working visit to the country.

“To attract investments to the economy of Abkhazia, it is necessary to adopt a regulatory framework that will create tools that will protect investments as much as possible and support investors,” Reshetnikov said. said.

According to him, there is hope that by the end of the year an investment partnership law will be passed in Abkhazia. Necessary amendments will also be made in the existing laws regarding electrical energy industry and investment activities.

He added that by the end of the year, Russia and Abkhazia are planning to sign agreements for major investment projects. Thanks to them, companies from the Russian Federation will be able to receive certain guarantees in the implementation of their projects. In turn, the Abkhazian side can receive guaranteed orders and works. In addition, the Russian side this year committed 1.3 billion rubles to finance the investment program and another 4.3 billion rubles for the social and economic development of the republic.

May 30 Sputnik Abkhazia knowledgeableHe said that an opposition rally was held in Sukhum on the “settlement of Abkhazia” and the “distribution of Abkhaz lands”.

Previously reportedBelarusian President Alexander Lukashenko said that he warmly welcomed his Abkhazian counterpart Aslan Bzhaniya in Minsk and mistakenly named him “Khasan”.

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