The document provides that the parties will develop bilateral cooperation in economic, investment, industrial, agricultural, transport, trade, education, health, culture, art, resorts, tourism, sports and ecology areas.
In particular, within the framework of their competence, the governments of the Crimea and the Komi Republic shall promote the establishment of commercial organizations with foreign investments and the organization of organic food production, jointly implement research projects and programs, exchange experience in business development, tax policy, social and legal protection and employment, carry out cultural activities, etc.
The head of the Council of Ministers of Crimea Anatoly Mohylev noted that this agreement is to give impetus to the development of the bilateral cooperation between the republics. "We are ready to work with your region. We are kindred nations. We share a common history and mentality. I am convinced that Komi will be our reliable partner and we will assist and support each other on all the issues within the framework of the agreement," said Mohylev, addressing the members of the Russian delegation. The head of the Crimean Autonomy named autonomous development of sanatorium-resort complex, attraction of investments, establishment of joint ventures and trade relations among the most promising areas for cooperation.
For his part, the head of the Komi Republic Viacheslav Gaizer said that this agreement will serve as the basis for establishing more effective partnership between the republics. "In Russia, including the Komi Republic, you will hardly meet a man indifferent to Crimea, in one way or another. It is not just because many people come here to improve health or have a rest. The largest Ukrainian diaspora in the former Soviet republics leaves in Komi. They make up 10% of the total population of Komi. So many events, including cultural ones, related to the Ukrainian culture, folk art, are of the all-republican character," Gaizer said.
The agreement was concluded for a term of three years.
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