The leader of Russia's Chechnya region has asked the United Arab Emirates to invest more than $2 billion in the energy and industrial sectors of the Muslim province wracked by two separatist wars since 1994.
"I'd like to stress that our relations with the UAE are brotherly," Chechnya's Kremlin-backed leader Ramzan Kadyrov told a visiting delegation late on Tuesday. "Economic, sport and cultural ties link us."
Kadyrov proposed 17 investment projects for the region of just over 1 million people, totalling 68.89 billion roubles ($2.35 billion), his press service said. It said the bulk of investments would go towards hydropower plants.
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