Russian people and companies are circumventing Western sanctions by making use of Georgian entities to do so. Such a statement made David Arakhamia, leader of the Servant of the People faction in the Verkhovna Rada of Ukraine and head of the Ukrainian delegation in talks with Russia.

Arakhamia said at a German Marshall Fund event in Washington that Russians are “heavily using Georgian banks, Georgian financial system, Georgian companies and so on, to dodge the West’s sanctions regime”, writes Deutsche Welle.

“If you are a sanctioned Russian person, you go to the Internet, you open up a Georgian company, open up remotely the bank account and start processing”, - added Arakhamia.

He called on Washington to take action to close the loophole.