EBRD Warns Georgia: ‘Foreign Agents’ Law Could Hurt Economy and Investor Confidence

Georgia’s foreign agents law could have serious repercussions for its economy and investor confidence, according to a warning from the European Bank for Reconstruction and Development (EBRD). The EBRD has raised concerns that the implementation of this law could lead to a decline in investor confidence in Georgia. This could have a detrimental effect on the country’s economy, potentially causing a decrease in foreign investment and limiting the country’s growth prospects.

The EBRD is urging Georgia to reconsider the implementation of this law in order to maintain a favorable business environment and safeguard the country’s economic growth. Failure to address these issues could have serious consequences for Georgia’s economy and its attractiveness to foreign investors.

Amidst growing uncertainty surrounding Georgia’s business environment, this ‘foreign agents’ law has the potential to create barriers for foreign businesses operating in Georgia, which could hinder the country’s economic development. As such, it is crucial that Georgia takes immediate action to address these concerns and ensure that its business environment remains competitive and attractive to foreign investors.