About Civil.ge
Eng | Geo | Rus
Last updated: 23:42 - 3 Mar.'16
RSS
Mobile
Twitter
Facebook
Moscow Mayor Pledges More Investment in Abkhazia
Civil Georgia, Tbilisi / 9 Jul.'07 / 14:39

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 secessionist authorities and the municipality was signed during Abkhaz leader Sergey Bagapsh's visit to Moscow, RIA Novosti news agency reported.

“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 breakaway Abkhazia.

“The sale of assets in Abkhazia is illegal, but unfortunately it still happens,” Gela Bezhuashvili, the Georgian foreign minister, said on July 9, while speaking at a joint press conference in Tbilisi with his visiting Bulgarian counterpart.

“Everyone should know," he said, "that the time will come when illegally purchased property will be returned to the legal owners.” 

He said that Georgian state agencies, including the ministries of foreign affairs, refugees and accommodation, and internal affairs, as well as the National Bank of Georgia, were currently preparing a list of Russian organizations and companies, which have purchased assets in Abkhazia.

“In some cases they are private companies, in other cases, [Russian] state agencies,” Bezhuashvili added.

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.

Georgian Minister for Refugees and Accommodation, Gia Kheviashvili, said Russian organizations had bought a total of 31 assets in Abkhazia, mainly holiday villas, as well as a wine factory.

Latest News
03 Mar.'16 23:42
PM, Republican Party Leaders Meet Amid GD Infighting
Republican Party leaders said plans agreement on “strategic cooperation” with GDDG party.
03 Mar.'16 14:57
PM Calls to End GD Infighting, Criticizes Both Republicans, Industrialists
Kvirikashvili warned he may have to carry out “changes to secure stable function” of govt.
03 Mar.'16 12:25
Amid GD Infighting, Prosecutor’s Office Probes Sagarejo MP By-Election
Ongoing infighting may reshape five-party ruling coalition’s configuration ahead of elections.
02 Mar.'16 22:24
Georgian FM Visits NATO HQ
Janelidze met NATO Deputy Secretary General in Brussels on March 2.
02 Mar.'16 19:39
Parliament Approves New Member of C.Bank Board
Koba Gvenetadze replaced in NGB board Giorgi Kadagidze, whose seven-year term expired in Feb.
02 Mar.'16 16:48
Locals Say Dispute over Cemetery in Adigeni, that Caused Religious Violence, Solved
Dispute led to violent incident between local Muslim and Christian communities in the village.
01 Mar.'16 19:46
Tkibuli Coal Miners End Strike
Strike ended after coal mining company agreed to increase wages for miners gradually by 10%.
01 Mar.'16 17:17
Dispute over Cemetery in Adigeni Leads to Religious Violence
At least three local Muslims in the village of Adigeni sustained injuries in attack.
01 Mar.'16 11:12
CoE’s Human Rights Body Criticizes Georgia over Hate Crimes
In its report on Georgia, ECRI has called for specialized police unit to deal with hate crimes.
29 Feb.'16 11:21
January GDP Growth 0.8% - Preliminary Data
Government’s GDP growth forecast stands at 3% for 2016.

About Civil Georgia
Civil.Ge © 2001-2016, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.
54