An economic forum with the participation of Russian business circles and representative of the Russian Duma Council was opened in Pitsunda (Bichvinta) in breakaway Abkhazia on October 12, Apsnipress news agency reported.
?We should not be left out of the economic development processes? For this very reason we are trying to create a maximally attractive investment climate through offering beneficial conditions for the development of business with the participation of foreign capital,? Abkhaz leader Sergey Bagapsh said in his opening remarks to the conference.
He said that Abkhazia should be involved in economic cooperation not only with the regions of the Russian Federation, but also with other states of the Black Sea region.
?The territory of Abkhazia enjoys a favorable geographic location, and Russian business circles should not stand aside,? Sergey Baburin, Vice-Speaker of the Russian State Duma, said at the conference.
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