President of breakaway Abkhazia said in an interview with the Regnum news agency on March 4 that authorities of unrecognized republic will continue privatization process in Abkhazia, despite Tbilisi warnings that privatized assets will be confiscated after restoration of Georgia?s territorial integrity.
?We will certainly continue privatization process and the new leadership [of Abkhazia] is undertaking particular measure in order to guarantee security of private property,? Bagapsh said without specifying the measures undertaken by authorities in Abkhazia.
?Tbilisi?s concern regarding this issue is not surprising. We have no hopes that Tbilisi will be happy by Abkhazia?s rise from the ruins and development of our economy. The Georgian authorities should understand that in order to resume talks we should start from something. In this case, I think, there is no reason to prioritize politics over the economics,? Sergey Bagapsh said.