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Lavrov Says Russia Expects Abkhazia to Keep Improving Investment Climate

The comments followed a meeting in Sochi with Abkhaz foreign minister Oleg Barcits.

Overview

  • Sergey Lavrov said Russia expects continued work to create favorable conditions for private investment in Abkhazia.
  • He highlighted the modernization of services as part of efforts to make the economy more attractive to investors.
  • The statement was delivered during talks with Abkhazia’s Oleg Barcits in Sochi.
  • RIA Novosti reported the remarks on October 1, reflecting official Russian government messaging.
  • The focus on investment and service upgrades aligns with Moscow’s longer-term support for Abkhazia since recognizing it in 2008.