From: MSN NicknameEagle_wng (Original Message) Sent: 7/22/2005 1:53 AM Abkhazia seeks Free Economic Zones 21.07.2005 - 00:59:59
The Abkhaz newspaper Nuzhnaya Gazeta reported on July 19 that a draft law envisaging the creation of free economic zones in Abkhazia has been submitted to the republic´s Parliament for consideration...
The newspaper quoted one of the co-authors of the draft law, Ruslan Jopua, as saying that the document envisages ´´favorable conditions´´ for investments in Abkhazia.
He said that these areas, which potentially might be created in Ochamchire, Tkvarchel and the Gal districts, will be tax-free for investors for three years.
Ruslan Jopua said that the Abkhaz Parliament is expected to consider this draft law in autumn.
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