Yesterday, the Mayor of Moscow announced plans to carry out various investment projects in Abkhazia in the energy and healthcare sectors.
Yesterday [9 July 2007], the Mayor of Moscow announced plans to carry out various investment projects in Abkhazia in the energy and healthcare sectors.
Below are extracts from an article published by the Georgian Times:
The Moscow municipality will continue to carry out various investment projects in Abkhazia, Moscow Mayor Yuri Luzhkov said on July 9.
An agreement on economic cooperation between the […] authorities and the municipality was signed during Abkhaz leader Sergey Bagapsh's visit to Moscow […].
“We have chosen a number of investment projects in Abkhazia, particularly in the energy and healthcare sectors," Luzhkov said. "We are glad that the socio-economic situation is improving in Abkhazia and we are ready to further support this process.” .
The Moscow mayor also said is was difficult to imagine holding the 2014 Olympic Winter Games in Russia’s Black Sea resort of Sochi without the participation of “such a kind neighbor as Abkhazia.” The province is less than 40 kilometers from the host town.
Meanwhile, authorities in Tbilisi have warned Russia against investing in […] Abkhazia.
“The sale of assets in Abkhazia is illegal, but unfortunately it still happens,” Gela Bezhuashvili, the Georgian foreign minister, said on July 9 […].
The National Bank of Georgia said recently it planned to ask foreign banks to close the accounts of Russian firms and individuals that had bought assets in Abkhazia.
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