Translation. Region: Russian Federal
Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –
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During the official visit to Abkhazia, the Russian delegation headed by Deputy Prime Minister Alexander Novak discussed key areas of bilateral cooperation with representatives of the republic's Ministry of Economy. Particular attention was paid to the implementation of joint projects within the framework of existing intergovernmental agreements.
"Over the past 4 years, the Program for the Socioeconomic Development of the Republic of Abkhazia has been successfully implemented. The volume of trade between our countries has grown by 60%. According to the results of several months of 2025, the growth in trade turnover was about 30%. Russia provides support for the socioeconomic development of the Republic. We see enormous potential for the development of agriculture and tourism in the Republic. Abkhazia is a reliable and friendly partner for us. We have common ideas and initiatives, the same view of the situation in the world, which should become multipolar," said Alexander Novak.
One of the significant results of the meeting was the extension of the basic agreement on socio-economic cooperation until 2030. This will create the basis for a new five-year program for 2026–2030, which should come into force by the end of 2025.
"The difficulties that the republic faces are not easy, but with the support of the Russian Federation, we can overcome them. It is very important for us to implement all the programs that we have outlined. Based on the results of 2022-2025, we see positive results: trade turnover has grown significantly, GDP has increased by 187%. These are serious indicators. I am confident that the implementation of the current program will give a special impetus to the development of the economy of our Republic," said Badra Gunba, President of the Republic of Abkhazia.
During the visit, the 20th meeting of the Russian-Abkhaz Intergovernmental Commission was held, where the parties agreed on further steps for the development of the republic. In particular, the following will be continued: the implementation of the State Program for the Socio-Economic Development of Abkhazia for 2022-2025, the extension of the basic agreement on socio-economic cooperation until 2030.
In the coming years, it is planned to develop and implement sectoral development work maps in the areas of energy, tourism, transport, healthcare and education, social protection of the population, investment climate, real estate cadastre, customs and tax administration, and public utilities. "The main objective of these maps is to further develop the economy of Abkhazia in conjunction with the formation of a common social and economic space between our countries, and to create a favorable investment climate," commented Sergey Nazarov, Deputy Minister of Economic Development of Russia. "As well as eliminating infrastructure restrictions for economic development, attracting investment and tourists to the republic, expanding social protection measures for the population, improving the quality and accessibility of services provided to citizens of the republic in the social sphere, and the standard of living of the population of the republic as a whole."
The delegation also visited the site of the future Children's Republican Hospital, the Sukhum International Airport named after V.G. Ardzinba, to assess the progress of joint projects. The extension of the agreement until 2030 cements the long-term partnership between the two countries.
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