Connect with us

Hi, what are you looking for?

Latest News

Georgian president vetoes ‘foreign agents’ bill after widespread opposition

Georgia’s President Salome Zourabichvili has vetoed a controversial “foreign agents” bill that sparked weeks of widespread protests across the country.

Zourabichvili had previously vowed to torpedo the bill, but her veto could still be overruled by a simple majority in parliament, which approved the bill on Tuesday with 84 lawmakers voting in favor and 30 against.

The divisive legislation would require organizations receiving more than 20% of their funding from abroad to register as “agents of foreign influence” or face a fine. Opponents say the bill was modeled after similar laws in Russia that the Kremlin has used to snuff out opposition and civil society.

“This law, in its essence and spirit, is fundamentally Russian, contradicting our constitution and all European standards,” President Zourabichvili said after vetoing the bill on Saturday.

She said the bill must be repealed, suggesting it could prevent the country from joining the European Union. The EU had given similar warnings.

Georgia applied for EU membership in 2022 and was granted candidate status in December, a move seen as an effort to reverse the former Soviet republic’s drift toward Russia.

Georgia has long been caught between Russia and the West. Despite gaining independence from the Soviet Union in 1991 and polls showing that an estimated 80% of Georgians want to join the EU, its history with Moscow is hobbling its relationship with Europe.

Georgia’s stance towards Russia is decidedly mixed. The two countries have had no formal diplomatic relations since Russia invaded Georgia in 2008 – but Russians living and working there enjoy lax visa requirements, making it an easy choice for those who fled from Russia’s conscription into the war in Ukraine.

This post appeared first on

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    North Korea may be known as the hermit kingdom, but the isolated nation could be edging toward opening its borders to small numbers of...

    Editor's Pick

    One of the perks of being speaker of the House — or at least, one of the characteristics of it — is that you...

    Latest News

    Evacuations are underway across Hawaii’s Big Island and Maui as passing Hurricane Dora helps fuel wildfires that have damaged structures, prompted rescues and spurred...

    Latest News

    Former world No. 1 Caroline Wozniacki won her first competitive tennis match in three-and-a-half years on Tuesday, defeating Australian Kimberly Birrell 6-2 6-2 at...

    Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024