• ABOUT US
    • History
    • Our Team
    • Advertising
    • Subscription
  • CONTACT US
Georgia Today
No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
No Result
View All Result
Georgia Today
No Result
View All Result

Parliament Elaborating on EC’s Recommendation on Deoligarchization

by Georgia Today
July 20, 2022
in Politics
Reading Time: 2 mins read
Parliament Elaborating on EC’s Recommendation on Deoligarchization

The Speaker of Parliament Shalva Papuashvili met with the representatives of the parliamentary political parties to discuss the 5th recommendation of the European Commission, which envisages the implementation of deoligarchization in Georgia.

The meeting also focused on the law adopted in Ukraine on deoligarchization.

“One of the 12 recommendations addresses the issue of deoligarchization in relation to Georgia, Moldova, and Ukraine. The guidelines in the example of Ukraine emphasize the need to put the existing law into practice because it was only put into force in May of this year despite being adopted in Ukraine last fall. We can roughly infer what would be intended in the case of our recommendation from the example of Ukraine. We can also talk about the concepts, procedures, and standards of Ukrainian law. We see that, regrettably, deoligarchization has resulted in the instrumentalization of this term in Georgian domestic politics and, as a result, further deepened the desire of radical groups to bring destruction into politics. Ukraine’s law is advantageous because it is detached from Georgian political subjectivism. The European Union, among others, has called for the implementation of this law, which was drafted by foreign recommendations and practices detached from Georgian political subjectivism. As a result, this law can serve as a good example for avoiding accusations that the law favors one party over another,” stated Papuashvili.

Anri Okhanashvili, the Chair of the Legal Issues Committee, claims that the European Commission’s desire to implement this law is evident from the recommendation they made to Ukraine. If the European Commission wants to implement this law in Ukraine, it stands to reason that both its adoption and its implementation in relation to Georgia should be correct.

“The Ukrainian model is composed mostly of four elements. First, it is a part of the relevant individual interfering in politics. Second, it is a large number of financial resources, which is calculated by multiplying the subsistence minimum by one million. Thirdly, it implies an impact on the media, and fourthly, it is a monopoly on the market. According to the Ukrainian model, a person will be classified as an oligarch and added to the special registry if three of these four criteria are met. The Ukrainian government makes this decision, which the president ultimately approves,” Okhanashvili stated.

As Alexander Elisashvili, the Chair of the political group Citizens stated, the Ukrainian law should not be translated directly, because there are many gaps and uncertainties.

“It is unclear how the Defense and Security Council in Ukraine determines who is an oligarch and whether to add a certain person to the registry of oligarchs. Additionally, it is absurd that government employees are prohibited from speaking with the oligarch. Who is in charge of this communication if it is secret? The Venice Commission’s conclusion would be interesting to hear. We have now decided to share our opinions. My proposal is to modify the law to better reflect Georgian reality,” Elisashvili stated.

Members of the parliamentary majority and political groups – Girchi, Citizens, and European Socialists participated in the meeting.

The process of implementation of the recommendation established by the European Commission on deoligarchization will be led by the Legal Issues Committee.

Tags: EUParliament
ShareShareTweet

Related Posts

Photo by Sarah Rainsford in Goris & Kornidzor, Armenia / BBC News
Newspaper

Escalating Tensions in Nagorno-Karabakh: A Week of Unrest and Uncertainty as Thousands Flee the Area

September 29, 2023
Sam Patten, former advisor to the UNM and GD
Newspaper

Lessons from a Mercenary – Sam Patten, Former Advisor to the UNM and GD, on the Benefits of Switching Sides

September 29, 2023
Tbilisi Hosted the Final Concert of Night Serenades 2023
Newspaper

“Russia Can’t Survive in its Current Form” – Interview with Sergei Medvedev on Karabakh and Russia

September 28, 2023

Recommended

Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

12 months ago
Natia Mezvrishvili on Dealing with 2 Political Giants

Natia Mezvrishvili on Dealing with 2 Political Giants

1 year ago
Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

2 years ago
GT Interview with Giorgi Badridze

GT Interview with Giorgi Badridze

2 years ago
Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

2 years ago

Navigation

  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

Highlights

PM believes EU has no reason to reject Georgia’s status

Georgia’s economy up by 5.8% in August

Georgia to host World Tourism Day in 2024

Escalating Tensions in Nagorno-Karabakh: A Week of Unrest and Uncertainty as Thousands Flee the Area

EU to present ‘new way of thinking’ about enlargement in coming weeks

Ukraine Latest: Russia Raises Conscription Age Limit, Zelensky Gives Fresh Corruption Warning

Trending

No Content Available
  • Where.ge
  • Newspaper
  • GEO
  • Magazine
  • Old Website

2000-2022 © Georgia Today

No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

2000-2022 © Georgia Today