STORY: Caucasus Investment Forum kicks off in Russia's Chechen
SHOOTING TIME: July 15, 2024
DATELINE: July 16, 2024
LENGTH: 00:03:56
LOCATION: GROZNY, Russia
CATEGORY: ECONOMY

SHOTLIST:
1. STANDUP (English): MENG JING, Xinhua correspondent
2. various of Caucasus Investment Forum

STORYLINE:

STANDUP (English): MENG JING, Xinhua correspondent
"Here is Grozny, the capital of Chechnya Republic in Russia. The 2024 Caucasus Investment Forum is being held here. Over 4,000 representatives from more than 50 countries and regions have come to discuss regional development and cooperation."

Themed "The Greater Caucasus: From Sea to Sea," the three-day forum aims to sign over 70 agreements, covering areas such as trade and economy, science and technology, society, culture, energy and digital economy.

At the event, Russia's Deputy Prime Minister Alexander Novak highlighted Russia's strategy to boost development in the North Caucasian Federal District, adding that the region is experiencing swift growth, actively attracting investments, and developing transportation and logistics infrastructure.

The forum is expected to provide new opportunities for the region to develop trade and economic ties with its partners, he said.

The North Caucasian Federal District has shown significant vitality in various indicators in recent years, with tourism, industry and the agro-industrial complex rapidly developing, and its attractiveness to investors is constantly increasing, said Anton Kobyakov, advisor to the Russian president and executive secretary of the forum's organizing committee.

The Caucasus Investment Forum will serve as a platform to promote investment growth and advance major projects, Kobyakov said.

This year's forum is organized by the Roscongress Foundation with the support of Russia's Ministry of Economic Development.

Xinhua News Agency correspondents reporting from Grozny, Russia.
(XHTV)