MOSCOW, October 17. /TASS/. An Italian lawmaker on Monday said that the Crimean peninsula has great prospects for investment and voiced regret over attempts to isolate the region. 

Member of the Regional Council of Veneto Stefano Valdegamberi told a TASS news conference that the peninsula "is a beautiful land with great prospects for investment."

He noted that the anti-Russian sanctions "do not solve any problems."

"The policy of sanctions is an inadequate response to problems," he said.

Valdegamberi expressed regret over attempts to isolate Crimea from the world. As Italy’s representative, he also apologized for the European sanctions, which "have been imposed against people’s will."

The Italian lawmakers and businesspeople were able to see during their visit to Crimea that the March 2014 referendum was voluntary and that the peninsula’s residents support its results.

Fulvio Scandiuzzi, the President of the Scandiuzzi company, noted that the current visit to Crimea was an excellent opportunity to establish cooperation with Crimean entrepreneurs.

A delegation of MPs and businesspeople paid a visit to Crimea last week. It comprised representatives of five Italian regions - Veneto, Liguria, Lombardy, Tuscany and Emilia-Romagna. The parliaments of these regions passed resolutions earlier this year calling to recognize Crimea and end sanctions against Russia.