The day before, Ratmir Rasulov, the regional Minister for Natural Resources and Environment, met with Ruslan Yusufov, the head of the Geology and Licensing Department of the North Caucasian division of the Rosgeologia JSC (a Russian state-owned holding company that unites state-owned geological exploration enterprises, headquartered in Moscow)

The parties discussed issues related to cooperation, specifically focusing on comprehensive geological exploration and subsoil development with the involvement of “Rosgeologiya” JSC through the allocation of funds from the federal budget.

Rasulov emphasized the significance of conducting geological exploration activities aimed at identifying and evaluating mineral resources crucial for the economic development of the Republic. As to the top official, such exploration has not been conducted in the region since the 1980s. The results of these efforts are expected to contribute positively to the expansion of the mineral resource base in the region, which in turn will facilitate the provision of construction materials necessary for the region's development.