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The RA Ministry of Economy developed a draft law "On franchising"
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20.03.2015 10:15
As a part of the bill, local and foreign entrepreneurs will be provided with the opportunity to implement investment projects under the auspices of the well-known brands.
Sukhum. March 20th. Apsnypress. The Ministry of Economy held the first meeting of the working group on the draft law "On the franchise".
The Ministry presented a working version of the bill in order to collect, analyze and comment by the representatives of the working group.
A bill is one of the elements of the mechanism to create an attractive investment environment in the Republic of Abkhazia.
According to the press service of the Ministry of Economy, the bill provides local and foreign entrepreneurs with the opportunity to implement investment projects under the auspices of the well-known brands using their skills, know-how and human resources.
Applications of franchising arrangements, first of all, can be a resort and tourism industry, services, catering and trade.
The working group includes representatives of the Chamber of Commerce of Abkhazia and the Union of Industrialists, entrepreneurs and farmers of Abkhazia.
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