Thursday, June 20, 2019
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The Chechen government signed an agreement Friday with Russian state-owned bank Vneshekonombank
The Chechen government signed an agreement Friday with Russian state-owned bank Vneshekonombank on attracting foreign investment in the Russia's North Caucasus republic. Bank Chairman Vladimir Dmitriyev, who signed the agreement along with Chechen Prime Minister Sergei Abramov, said it "set a milestone for the Chechen Republic in view of perspectives for economic development." Dmitriyev said the bank's long-time relationship with its foreign partners would allow it to attract foreign investment in Chechnya, including in industry, agriculture, infrastructure, road construction and housing. The agreement also stipulates the education and post-graduate apprenticeship of Chechen students in Russia's universities, Dmitriyev said.
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