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Georgia has nothing to compensate the loss of Russian market

2010-08-18 12:44

It will be hard for Georgia to find any substitute to Russia, believes Andrey Areshev, the deputy general director of the Fund of Strategic Culture of Russia - RIA Novosti.

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"Georgia will have to continue the previous practice of loans, grants, and cooperation with Azerbaijan and Kazakhstan. Cooperation will be of targeted character, and secondly, absolutely insufficient for the Georgian economy to drive out of crisis," Areshev said.

One year ago Georgia officially quitted the CIS - organisation, which comprised 12 ex-Soviet republics.

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