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Russia, South Ossetia to sign 40 cooperation agreements

September 20, 2011, 17:05 UTC+3

Russia and South Ossetia plan to sign 40 cooperation agreements in various fields

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MOSCOW, September 20 (Itar-Tass) — Russia and South Ossetia plan to sign 40 cooperation agreements in various fields, Kremlin chief of staff Sergei Naryshkin said as he opened the first Russian-South Ossetian business forum in Tskhinval on Tuesday.

"I'm happy to participate in the opening of this forum together with you today, in which representatives of business circles of our two countries are taking part. The forum is expected to give certain impulses to the development of economic cooperation between Russia and South Ossetia," Naryshkin said.

He noted that the Russian leadership gives priority to this guideline in bilateral cooperation.

"The republic is steadily moving towards strengthening its statehood and creating a solid economic basis of its independence. Over the past three years, the situation has changed dramatically here; South Ossetia has mapped out socio-economic projects, while Russian bodies have invested dozens of billion roubles in the republic’s economy," the Kremlin official underlined.

The presence of a delegation of representatives of Russian regions is evidence of cooperation between the two states.

"We successfully develop legal groundwork between our countries. Russia and South Ossetia have concluded 56 agreements in various fields, and another 40 are being finalized for signing. Some documents will be signed at the economic forum on Tuesday," Naryshkin said.

Starting from 2011, the two countries launched a new system of interaction. "Funds from Russia are transferred directly to South Ossetia. The key role is played by the inter-departmental commission on socio-economic cooperation, which will also monitor the effective use of this money," he went on to say.

Naryshkin underlined that the two countries’ joint work must take into account the strategic socio-economic tasks.

"We have to resolve and follow up the tasks to improve the business climate in South Ossetia and attract private investors," he added.

Prior to the forum, Sergei Naryshkin, together with South Ossetia leader Eduard Kokoity, laid flowers in the memorial cemetery near school # 5 in Tskhinval, and venerated the memory of the Russian peacekeepers killed during the rebuffing of the Georgian aggression in August 2008.

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