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President Vladimir Putin met with President of Chechnya Alu Alkhanov and Prime Minister of Chechnya Ramzan Kadyrov

May 5, 2006, The Kremlin, Moscow

The meeting discussed social and economic development issues in the republic.

Mr Alkhanov said that the results for 2005 show an upturn in the real sector of the republic’s economy. Macroeconomic indicators are on the rise, the gross regional product exceeds 13 billion roubles and locally produced goods have been shipped for a total value of more than 10 billion roubles.

An improvement in the investment climate in the republic has also been noted.

May 5, 2006, The Kremlin, Moscow