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Russian-Georgian Business Council: A Platform for Political Destabilization in Georgia

On June 19, a meeting of the Russian-Georgian Business Council (RGBC) was held in Moscow by the Russian Chamber of Commerce and Industry (CCI). As reported by the CCI, the meeting was devoted to discussing issues of logistics, investments and the transit of goods between Russia and Georgia (Gbc.ge, June 20). Opening the session, CCI Vice President Vladimir Padalko announced …

Russians Keep Nearly $1 Billion in Georgian Banks

Since the end of December 2022, all clients of Georgian banks, both Georgians themselves and foreigners, have received messages with a formidable warning that, if their deposits and accounts are used to violate Western financial sanctions against Russia, these accounts will be blocked without any prior notice. Moreover, such warnings do not explain whether account holders will be able to …

Business Activities in Decline since Parliamentary Elections » FINCHANNEL

The FINANCIAL Since the parliamentary elections, companies operating on the Georgian market have reduced their activities. The FINANCIAL Since the parliamentary elections, companies operating on the Georgian market have reduced their activities. The FINANCIAL Since the parliamentary elections, companies operating on the Georgian market have reduced their activities. The business sector has become comparatively passive in recent times, a fact that is confirmed by the latest statistics. ยป The FINANCIAL Business

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