Reference
This document was submitted by the Ministry of Economic Development and formalises the consent of the Russian Government for signing an agreement on trade, economic, research-technical and cultural cooperation between the Government of the Karachayevo-Circassian Republic (the Russian Federation) and the Government of South Ossetia.
The document was drafted at the initiative of the Government of the Karachayevo-Circassian Republic in accordance with Federal Law No. 4-FZ of 4 January 1999 On Coordinating International and Foreign Economic Relations of the Constituent Entities of the Russian Federation, and Government Resolution No. 91 of 1 February 2000 On the Decision of the Russian Government to Grant Consent for International and Foreign Economic Relations Between the Constituent Entities of the Russian Federation and the Authorities of Foreign States.
This directive was drafted with due regard to mutual interest in promoting relations between the governments of the Karachayevo-Circassian Republic and South Ossetia. The agreement is designed to create the legal framework for trade, economic, research-technical and cultural cooperation.
The ultimate objective of the agreement is to increase trade and expand lasting and mutually beneficial relations between the Karachayevo-Circassian Republic and South Ossetia. The document will also promote the signing of cooperation agreements between economic agents registered in the Karachayevo-Circassian Republic (Russian Federation) and in South Ossetia.