Тhe co-chairs of the Intergovernmental Commission (IGC) on Socio-economic Cooperation between South Ossetia and Russia signed a document defining the procedure for concessional financing of investment projects.
The signing took place at the AMEf-2026 platform in Sukhum, Apsnypress reports.
The program will be implemented within the framework of the State Program for Socio-economic Development of the Republic for 2026–2030.
For the Russian part the document was signed by Deputy Prime Minister of the Russian Federation, Chairman of the Russian part of the IGC, Alexander Novak;
For the South Ossetian part – by Prime Minister of the Republic of South Ossetia, Chairman of the South Ossetian part of the IGC, Dzambolat Tadtaev.
The new preferential lending mechanism aims to create a favorable investment climate in South Ossetia over the next five years, support entrepreneurial initiatives, and develop key sectors of the Republic's economy.
