The third session of the Inter-Governmental Commission for Socio-Economic Cooperation between the Republic of South Ossetia and the Russian Federation is scheduled for 25 February in Vladikavkaz, reported the Minister for Economic Development of South Ossetia Konstantin Koliev. According to him, the session would focus on the preparation for the implementation of the Investment Program of Socio-Economic Development of South Ossetia that was approved at the second session of the Inter-Governmental Commission on 30 November 2010 in Tskhinval. "The documentation that is under preparation for the start of funding for the Investment program is to be considered. It is also planned to adopt priority lists for the sites and discussion of the form of control over the implementation of the investment program suggested by the Russian Federation", informed the Minister.
The Minister also noted that the session would discuss the issues related to cooperation between South Ossetia and the RF in general, including the preparation of a number of agreements which are necessary to speed up the economic development of South Ossetia. It is worth reminding that the previous session of the Inter-governmental commission for socio-economic cooperation between the RF and South Ossetia was held on 30 November 2010 in Tskhinval. The work format of the Commission and the Investment program were approved. According to the Investment program, 6,8 bil RUB to be allocated from the RF budget in 2011 for the socio-economic development of South Ossetia.
