20 February 2025,   13:32
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Since the world openly began talking about the Deep State and it became clear that control over offshores was held by a specific group of people, it was even more logical to pass the Offshore Law - Mikheil Dundua

Since the world openly began talking about the Deep State and it became clear that control over offshores was held by a specific group of people, it was even more logical to pass the Offshore Law, Georgia’s Deputy Finance Minister Mikheil Dundua writes on his Facebook page.

“In its time, the offshore zone was created to simplify business operations for businesspeople, and all the world’s leading businesspeople used and continue to use this comfort. An offshore zone is flexible, any transaction or action is simple, all procedures are simplified and freed from bureaucracy and excessive operations. This was precisely the idea of the offshore zone - that due to its simplicity and comfortable environment, capital from individuals and companies from various countries globally would accumulate in this zone.

However, over the last few years, the situation has changed radically. Since the world openly began talking about the Deep State, oligarchic families and the huge capital under their control – since society became aware of the true nature of such giant companies as BlackRock, Vanguard and so on, which control the largest part of world capital, while the companies, in turn, are owned by oligarchic families, the myth about the safety and reliability of offshore zones was finally shattered. It became clear that complete control over offshores was held by a specific group of people, which we today call the Deep State or the Global War Party.

Against this background, it was even more logical and patriotic for the Georgian Parliament to pass the Offshore Law, so that any interested businessman would have the opportunity to take advantage of the stable and reliable situation in Georgia, transfer capital to Georgia, and insure against all the risks explained above”, - writes Mikheil Dundua.

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