President Induces Saudi Businessmen to Invest in His Republic
(RIA Novosti). President of Chechnya Akhmad Kadyrov promised Saudi
businessmen that investments in the Chechen industry would bring
He said this
at the talks with the chairman of the Council of the Chambers
of Commerce and Industry of the Kingdom of Saudi Arabia, Abdurrahman
al-Jeraisy, which were attended by influential Saudi businessmen.
we need support in restoring our oil industry, in restoring Chechen
industry in general, and with time this will bring substantial
profits to Saudi businessmen, if they make investments,"
is interested in establishing the closest contacts with Russia
and not only in profitable projects but also in restoring the
economy and the social sphere of the Chechen Republic, said the
head of the Saudi Council of the Chambers of Commerce and Industry.
talks the Saudi side showed interest in Russia’s tax policy and
in the terms of taking capital in and out of the country.
agreed to continue contacts on the level of working groups.
al-Jeraisy pointed out that the visit to Russia by Saudi Crown
Prince Abdalla had removed all obstacles in the way of establishing
friendly relations between the two countries, and now it is for
businessmen and the governments to lend concrete content to these