About Civil.ge
Eng | Geo | Rus
Last updated: 20:39 - 24 Nov.'15
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
24 Nov.'15 20:39
Georgia Blocks Access to Pro-Islamic State Websites
Access to at least two Georgian-language pro-Islamic State group websites was blocked in Georgia.
24 Nov.'15 17:50
Court Orders Pre-Trial Detention for Man Held for Allegedly Fighting for IS Group
Hearing was arranged in a hospital where Davit Borchasvhili is for a medical treatment.
24 Nov.'15 15:54
Latvian FM Reiterates Support for EU Visa Liberalisation for Georgia
“We in the European Union have to keep our promises as Georgia has kept its promise,” Rinkēvičs said.
24 Nov.'15 13:06
Hundreds Denied Georgia Entry After Stepping Up Border Control
31 foreign citizens arrested on charges of illegal border crossing over the past ten days.
23 Nov.'15 23:34
Islamic State Group’s Georgian-Language Propaganda Video Emerges
Video, showing four men, calls for joining “caliphate”, threatens to behead “infidels” in Georgia.
23 Nov.'15 14:53
Latvian Foreign Minister to Visit Georgia
Rinkēvičs will pay an official visit on November 23-25.
23 Nov.'15 01:57
Man, Who Traveled to Syria, Arrested for Allegedly ‘Joining Foreign Terrorist Group’
His lawyer says the man was in Syria, had links with Free Syria Army, but not with Islamic State.
21 Nov.'15 18:20
Georgian Defense Minister to West: Talk to Russia Without Forgetting Partners
Khidasheli spoke of Russia-West possible rapprochement over Syria at the Halifax security forum.
20 Nov.'15 20:07
Former British PM Blair’s Brief Visit to Tbilisi
Blair met PM Garibashvili on November 18, when he visited Tbilisi for few hours.
20 Nov.'15 17:53
Possibly with an Eye to Politics, Operatic Bass Launches Movement
Burchuladze, who launched Georgian Development Foundation, did not rule out going into politics.

About Civil Georgia
Civil.Ge © 2001-2015, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.