The Ministry of Economy and the firm "Natural resources of the Black Sea" sign a licence-agreement
- Economy
Today, the Ministry of Economy of the Republic of Abkhazia signed a licence-agreement "On the use of sub-soil coal-deposits in Tqwarchal for the purposes of exploration, development and mining” with the firm "Natural resources of the Black Sea". The agreement was signed by Minister of Economy of the Republic of Abkhazia, David Iradyan, and General Director of "Black Sea natural resources", Jasvinder Singh. This company is a subsidiary of the company "Natural resources of the Black Sea", which, in turn, is a subsidiary of the Indian Steel Company. The level of investment is predicted to be $ 70-100 million.
Read more …The Ministry of Economy and the firm "Natural resources of the Black Sea" sign a licence-agreement