Economic Press Monitor
June 28, 2013
IN THIS ISSUE:
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| 1. |
WHAT IS IN STORE FOR “FLYGEORGIA”, WHICH IS NOTICED IN DANGEROUS BUSINESS LIAISONS WITH IRAN?
Economic & Politics
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According to Wall Street Journal, Washington is concerned with business relations of Georgia and Iran. Namely, the matter concerns to three Iranians, who are founders of air company FlyGeorgia, control Investbank and hold several important assets in Georgia, the article notes.
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LAND SALE TO FOREIGNERS IS TEMPORARY BANNED
Economic & Politics
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According to amendments, drafted for bill “On Agricultural Land Ownership”, obtaining of land ownership right is suspended to the foreigners and foreign legal entities until January 1, 2015. Authors of this legislative initiative are MPs Zurab Tkemaladze and Gigla Agulashvili.
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AVTANDIL SAKVARELIDZE, EX-CHAIRMAN OF CAR-REPAIR PLANT’S SUPERVISORY BOARD, RESPONDS THE ACCUSATIONS
Conflict and Court
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The newspaper reviews again a dispute, arisen around the car-building holding (which unites electric car-repair and car-building plants). The subtitle of the article says: “Sakvarelidze was protected by Saakashvili-Nogaideli-Bezhuashvili, while Badri Tsilosani – by Kezerashvili-Ezugbaia?” Initially, the newspaper has reported position of Badri Tsilosani, head of the holding, who accused former partner Avtandil Sakvarelidze of misappropriation of the factory and collecting of debt of 73 million lari.
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