From: MSN NicknameEagle_wng (Original Message) Sent: 10/15/2005 5:06 PM Bagapsh on Abkhazia´s Economy and Demography 11.10.2005 - 00:12:43
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...
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 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.
´´Today we can guarantee security. 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 approximately USD 28 million.
The budget will increase up to 1.2 billion Rubles USD 42.1 million by 2007,´´ the Abkhaz leader said.
The Abkhaz leader 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.
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