The US State Department says that sanctions have been extended
Posted: Sat Jan 18, 2025 5:13 am
Although no agreement was reached on sanctions, Brussels did decide to cancel visa-free travel for holders of diplomatic and service passports issued in Georgia, a decision supported by the majority of member states. Diplomatic and service passports are used by high-ranking officials - members of the government, parliamentarians and other high-ranking bureaucrats. However, in an address issued on December 26, German Foreign Minister Annalena Berbock confirmed that she is consulting with EU members on the issue of sanctioning senior officials of the Georgian Dream.
"In recent weeks and months, the Georgian Dream party has increasingly distanced the country from the European Union, thereby seriously jeopardizing Georgia's decades-old partnership with Germany. As a result, belgium telegram phone number list we have reduced cooperation with the government and suspended support projects worth more than €200 million. We are consulting with EU partners on further measures, which could range from revoking visa-free travel for senior Georgian officials to targeted sanctions," Berbock wrote.
Georgian business and economists have been talking about the fact that the expected sanctions and isolation from Western partners will harm the economy for a long time. Due to increased political risks, the influential rating agency Fitch changed the outlook to negative, although the credit rating has not been reduced yet. The deteriorating relations with the European Union, its member states and the US have already affected foreign aid.
"In recent weeks and months, the Georgian Dream party has increasingly distanced the country from the European Union, thereby seriously jeopardizing Georgia's decades-old partnership with Germany. As a result, belgium telegram phone number list we have reduced cooperation with the government and suspended support projects worth more than €200 million. We are consulting with EU partners on further measures, which could range from revoking visa-free travel for senior Georgian officials to targeted sanctions," Berbock wrote.
Georgian business and economists have been talking about the fact that the expected sanctions and isolation from Western partners will harm the economy for a long time. Due to increased political risks, the influential rating agency Fitch changed the outlook to negative, although the credit rating has not been reduced yet. The deteriorating relations with the European Union, its member states and the US have already affected foreign aid.