Russian Ambassador to Abkhazia Alexey Dvinyanin also participated in the negotiations.
Ankvab and Babich discussed issues of socio-economic cooperation between the states.
Babich explained that the Russian delegation arrived to establish closer cooperation with the Abkhaz side.
It is about monitoring the implementation of Investment Programs for Assistance to Social and Economic Development of the Republic of Abkhazia for 2017-2019 and 2020-2022.
The Russian and Abkhaz colleagues will have to discuss the state of the country's financial system, determine an action plan for treasury system development in order to improve the efficiency of public finance management and comply with principles of budget transparency.