September 30, 2016 the Republic of South Ossetia and Vladimir region have signed an intergovernmental agreement on cooperation in the framework of the XV International Investment Forum "Sochi-2016."
The Intergovernmental agreement was signed by Ambassador Extraordinary and Plenipotentiary of the Republic of South Ossetia to the Russian Federation Znaur Gassiev and the Governor of the Vladimir region Svetlana Orlova.
The agreement implies a co-operation in areas such as industrial production, attraction of investments, trade, entrepreneurship, science, culture, sport, tourism and youth policy.
One of the next projects to be implemented is the production of mineral water in a glass container "Springs of Ossetia." The cost of the project at the first stage is 30 million rubles.
The Fifteenth International Investment Forum "Sochi-2016" started on September 29 and will last until October 2. It is attended by over 700 heads of Russian and foreign companies.