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Free AccessGeorgia Parliament Officially Drops Foreign Agents Bill After Mass Protests
The Georgian parliament has officially dropped the controversial 'foreign agents' bill following mass protests. The news that the legislature would not proceed with the bill was widely speculated on 9 March, but has now been officially set aside in parliament. Despite the dropping of the bill and the release of protesters arrested on 8/9 March, demonstrations against the gov't of PM Irakli Garabashvili continue in the capital Tbilisi.
- Dropping the legislation will come as good news for the EU and US, which have seen Georgia as future candidate for NATO membership for a number of years (although progress on the front had been slow).
- The implementation of the 'foreign agents' law was seen as similar to that imposed by the Kremlin in Russia in 2012, raising concerns among the generally anti-Russian citizenry and western nations that the Georgian gov't could be shifting towards a more authoritarian, anti-west mode of governance.
- The law would have seen media outlets/NGOs receiving 20%+ of their revenue from abroad forced to register as 'foreign agents' subject to enhanced scrutiny and vulnerable to fines.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.