Caucasus Investment Forum Secures Major Deals Worth 106.1 Billion Rubles

The Caucasus Investment Forum (CIF) concluded with the signing of 100 agreements totaling 106.1 billion rubles. The event, held from July 15 to 17 in Grozny, brought together over 4,000 delegates who discussed various industry developments.


Devdiscourse News Desk | Updated: 18-07-2024 23:06 IST | Created: 18-07-2024 23:06 IST
Caucasus Investment Forum Secures Major Deals Worth 106.1 Billion Rubles
100 agreements worth 106.1 bn rubles concluded in Caucasus Investment Forum (Photo/WAM). Image Credit: ANI
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  • Russia

In Grozny, Russia, the recently concluded Caucasus Investment Forum (CIF) has resulted in significant financial commitments. Over three days from July 15 to 17, participants signed 100 agreements worth 106.1 billion rubles, seven of which involved foreign authorities and companies.

The forum, themed 'The Greater Caucasus: From Sea to Sea,' attracted over 4,000 delegates. Attendees included businessmen, industry experts, CEOs, and government officials from CIS countries and the five Caspian Sea states.

Featuring more than 65 events and 430 speakers, discussions covered a wide array of topics such as entrepreneurship, the agro-industrial complex, transport infrastructure, tourism, investment, technological cooperation between Russia and MENA countries, industry, energy, banking, international cooperation, healthcare, AI in business, and humanitarian issues.

(With inputs from agencies.)

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