The Government of Georgia has terminated an agreement with the Anaklia Development Consortium

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30 November 2024, 06:40

TODAY

00:22
The ongoing rally on Rustaveli Avenue, near the Parliament, exceeded the norms established by the Law on Assembly and Manifestation

00:03
Mariam Gaprindashvili, journalist of TV Pirveli, was injured at the rally
29 November

23:05
Special forces start using water cannons at the rally

22:09
We call on the participants of the rally to refrain from illegal actions and follow the instructions of the law enforcement officers – MIA

20:17
Journalists protest violence against media representatives by law enforcement agencies

20:05
Rally in front of the Parliament - protesters blocked Rustaveli Avenue
19:04
Demonstrators, organizers are requested to refrain from possessing any object or substance that creates an actual risk of disrupting the peaceful nature of the assembly - Aleksandre Darakhvelidze

17:52
I strongly urge Georgian Dream to reconsider its actions and return Georgia to the path of the EU, Western integration and democracy - Robin Dunnigan

17:42
In Georgia I saw harsh polarisation between the parties but also an election that offered voters a wide choice of options where the candidates could campaign freely - President of OSCE Parliamentary Assembly

15:06
We condemn the acts of violence against our colleagues, as a result of which several of them suffered serious injuries - Rustavi 2’s statement regarding the recent developments
14:48
Georgia’s Ambassador to Bulgaria is resigning

14:34
If they want to open negotiations - put it on the table, I will sign it today - Prime Minister

14:21
Yesterday, we once again confirmed to the public that by 2030, Georgia will be more prepared than all candidate countries to join the EU - Kobakhidze

12:35
Well, dare someone in Europe or US to talk to the police like some of the participants of the rally, see what they will do, they will break them to the bones - Kaladze
12:29
Criminal acts of inhuman and degrading treatment and targeted persecution of peaceful protesters, as depicted in the video footage distributed by the media, are disturbing - Ombudsman

12:24
If the EU wants to open accession talks with Georgia, it is free to do so - Kaladze

11:43
Georgia is a sovereign country, and it is up to Georgia to decide whether it wants to follow the path of European integration - Herczyński

11:29
It is disgusting that diplomats are supposedly sworn to the EU at the expense of their own country’s interests. After this farce, you will be more convincing if you leave your positions - Tsilosani
11:27
EU Ambassador to Georgia has conveyed false information claiming that Georgia will halt its Euro-Atlantic integration process for 4 years - Georgian Dream’s Communication Department

11:19
The estimated real GDP growth rate amounted to 11% for October 2024 compared to 2023 - GeoStat

10:40
Elon Musk blasts ‘undemocratic’ EU in ongoing feud – POLITICO

10:10
32 employees of the Ministry of Internal Affairs were injured during the rally - MIA
09:41
43 people have been detained during the protest under administrative charges of petty hooliganism - MIA

08:27
The Parliament of Georgia enforces red security level

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The Government of Georgia has terminated an agreement with the Anaklia Development Consortium

09-01-2020 18:55

The Government of Georgia has terminated its contract with Anaklia Development Consortium. Such a statement made the Ministry of Regional Developments and Infrastructure of Georgia.

“The termination procedures of the investment agreement signed between Georgian Government and Anaklia Development Consortium on October 2016 has just started”, - reads the statement.

The Government of Georgia has decided to cancel a contract with the Anaklia Development Consortium and to launch appropriate legal procedures. The Anaklia Development Consortium had to fulfil its duties by December 31, after the government postponed the term for reaching an agreement with potential investors, as well as international banks (EBRD, OPIC, ADB, AIIB) for getting a credit of USD 400 million. Another duty of the consortium was to sign a contract with construction contractors. According to the Georgian government, the Anaklia Development Consortium failed to meet its obligations.

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