About Civil.ge
Eng | Geo | Rus
Last updated: 21:46 - 18 Dec.'14
 
RSS
Mobile
Twitter
Facebook
Bagapsh Speaks of Abkhazia’s Economy, Demographic Situation
Civil Georgia, Tbilisi / 10 Oct.'05 / 13:40

Abkhaz leader Sergey Bagapsh, who visited the neighboring Russian Republic of Karachaevo-Cherkessia on October 6-7, called on the local businessmen there to invest in Abkhazia’s tourism industry, saying that the authorities of the unrecognized republic can guarantee security.

Bagapsh was speaking at a meeting with the representatives of the local public movements, which was also attended by President of Karachaevo-Cherkessia Mustafa Batdyev, the news agency Regnum reported.

“Today we can guarantee security. Despite political and economic difficulties, the situation in Abkhazia is stable and it is becoming more attractive for investments. This year, for the first time since the war [1992-93], 1.1 million tourists visited Abkhazia. Just to compare: last year only 200,000 [tourists] visited Abkhazia,” Sergey Bagapsh said.

He said that the country’s budget is also increasing. “In 2005 the state budget amounts to 800 million [Russian] Rubles [approximately USD 28 million]. The budget will increase up to 1.2 billion Rubles [USD 42.1 million] by 2007,” the Abkhaz leader said.

He also commented on the demographic situation in the region and said that many ethnic Abkhazians, who currently live abroad, mainly in Turkey, refrain from moving back to Abkhazia because of the difficult economic situation in the unrecognized republic.

“Currently there are less than 70 thousand Abkhazians living in the republic,” Bagapsh said.

He also said that obtaining Abkhaz citizenship “will not be a problem” for those residents of Karachaevo-Cherkessia, who wish to move to Abkhazia. Bagapsh said that it is possible to buy an apartment, or to build a new one in Abkhazia.  He also said that the main problem will be finding a job.

Latest News
18 Dec.'14 21:46
Georgian Diplomat Responds to Putin’s Remarks on High-Level Talks
Talks should aim at gradual solving of “main problematic” issues, Georgai’s special envoy said.
18 Dec.'14 20:58
Putin on Relations with Georgia
He spoke about Georgia and Saakashvili during his annual press conference.
18 Dec.'14 14:56
European Parliament Ratifies Georgia Association Agreement
MEPs backed the agreement by 490 votes to 76 on December 18.
18 Dec.'14 11:27
PM Says Govt to Consider Reforming Prosecutor’s Office
He said “independence” and “accountability” of prosecutor’s office should be increased.
18 Dec.'14 01:30
MEPs Debate on Georgia Ahead of Association Agreement Ratification
Most of the political groups in European Parliament voiced support for the ratification.
17 Dec.'14 20:50
Georgian C.Bank Keeps Key Rate at 4%
Central bank said worsening external factors affecting negatively on Georgia’s economy.
17 Dec.'14 17:16
Georgian President to Visit European Parliament as MEPs Set to Ratify Association Agreement
MEPs to debate on Georgia on Wednesday and will vote on ratifying AA on December 18.
16 Dec.'14 17:24
EUMM Mandate Extended for Two Years
“The EU continues to firmly support territorial integrity of Georgia,” EU foreign policy chief said.
16 Dec.'14 14:46
Georgian Troops Head to Mazar-i-Sharif
Unit will serve under the German command in northern Afghanistan and will have the task of rapid reaction force.
15 Dec.'14 23:09
Georgian National Museum ‘Extremely Concerned’ over Sakdrisi
Sakdrisi is “archeological site of international importance,” the museum said in a statement.

About Civil Georgia
Civil.Ge © 2001-2013, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.
44