Abkhazia’s Russian Investment Moment: Analysis
Russian President Putin has met with Abkhazia’s President Badra Gunba in Moscow. Abkhazia is a semi-autonomous Black Sea state with a contested geopolitical status, limiting access to global financial institutions, multilateral development banks, and Western capital markets. However, Russia and Abkhazia are putting into place a 5 year development plan aimed to increase Abkhazia's GDP by 60% in 2030 and to raise income levels to similar values as Russia. We discuss these plans and the implications.
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