Deputy Minister of the Economic Development of the Russian Federation, , said the Tskhinvali region would benefit from applying the customs code of the Eurasian Economic Union.

In October 2022, the “Parliament” of the occupied Tskhinvali region approved the de facto decision on joining the customs code of the Eurasian Economic Union.

According to Dmitry Volvach, applying the common rules “should significantly speed up and simplify customs clearance procedures” when the goods pass from Russia to the occupied region.

“Customs tariffs are a separate issue. And here we will watch and gradually discuss the issue of harmonization so that it is most beneficial to the economy and does not cause negative effects. The parties immediately agreed to consider this issue in the future”, - added Deputy Minister.

He also said that Sukhumi and Tskhinvali need private investments, and Russian investors are ready for it.

“Government programs are unlikely to change the situation related to investments. We and you need private investment. Russian investors are ready to make these investments in South Ossetia and Abkhazia”, - concluded Volvach.