• $ 1.7
  • € 1.9829
  • ₽ 0.021086
  • ₺ 0.0413
  • £ 2.2954

Georgia won't follow US sanctions until court decision

Georgia won't follow US sanctions until court decision
18.09.2024 13:30
The US Treasury Department's sanctions will not apply to Georgian citizens until a national court makes a decision, reads a statement by the National Bank of Georgia (NBG), reported from Georgian media.

"The sanctions regime applies to a Georgian citizen if a Georgian court issues a guilty verdict that has binding legal force based on the sanctions applied to him or her," the statement said. The NBG said that it systematically monitors compliance with international sanctions, as well as compliance with its own rules and national legislation by individual participants in the financial sector.

"The financial sector of Georgia operates in full compliance with the requirements stipulated by the sanctions regime," the regulator said in a statement.

On September 16, the US imposed sanctions against 64 Georgian citizens for violating human rights and undermining democracy.

Four people were included in the US Treasury Department's sanctions list: the head of the Interior Ministry's Department for Special Assignments Zviad Kharazishvili, his deputy, and two representatives of the pro-Russian group Alt-Info.





www.anews.az
Similar news
Similar news
Expert: Russia’s oil sector decline will accelerate sharply
World 18:00
Expert: Russia’s oil sector decline will accelerate sharply
Vance says Trump administration largely aligned with Zelenskiy on Ukraine’s territorial integrity
World 17:00
Vance says Trump administration largely aligned with Zelenskiy on Ukraine’s territorial integrity
Half of Russia’s tax revenue goes to war spending
World 14:00
Half of Russia’s tax revenue goes to war spending
Europe weighs buffer zone in Ukraine as part of peace talks
World 13:32
Europe weighs buffer zone in Ukraine as part of peace talks
Scientists develop universal drug against viral infections
World 13:00
Scientists develop universal drug against viral infections
US distrust of Putin rising
World 12:30
US distrust of Putin rising
Russian flights near Alaska surge after Trump–Putin meeting
World 12:00
Russian flights near Alaska surge after Trump–Putin meeting
Fidan says Turkey values Pashinyan’s stancex
World 10:30
Fidan says Turkey values Pashinyan’s stancex
Azerbaijani businessman loses control of Sheremetyevo duty free chain
World 10:00
Azerbaijani businessman loses control of Sheremetyevo duty free chain
Anews TV

Our official Youtube channel

Subscribe