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Regional economic development presents a key instrument for support and acceleration of the process of economic and social reforms, as well as for preparation of foundations for access to European Union.
Regional economic development is a dynamic process aimed at creation of jobs, maintenance or increase of existing employment level, promotion of foreign investments and improvement of regional advantage in competitiveness to the maximum in medium-term and long-term period. 
REDAH has been established as a result of wish of relevant protagonists from the region to devote themselves to the issues of common interest more actively. All this is aimed at enabling faster economic development of local communities and achieving balanced development of the region as a whole.