Georgia: Investment

(asked on 14th September 2020) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask Her Majesty's Government what assessment they have made of (1) changes to the law in Georgia which discriminate against foreign investors in that country's digital telecommunications network, (2) reports that such changes were due to pressure from the government of Russia, and (3) the impact of any such changes on Georgia's membership of international bodies.

Answered by
Baroness Sugg Portrait
Baroness Sugg
This question was answered on 28th September 2020

We are aware of the concerns raised by some local telecoms companies and civil society organisations regarding the Georgian Parliament's recent amendment to the electronic communications law, giving more authority to the communications regulator, on Georgia's media and telecommunications sector. Through our Embassy in Tbilisi we are carrying out a full assessment of the amendment, including its implications for foreign investors. The UK and other international partners work to promote continued democratic and economic reforms in Georgia that support strong governance, media freedom and an open business environment.

As we are still assessing the amendment, it would not be appropriate for us to comment on reports speculating about its origins. Similarly on Georgia's membership of international bodies, it would be for the relevant organisations to review these developments in line with their membership rules.

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