10,871.08 TRY BIST 100 BIST 100
48.75 EUR EUR EUR
41.97 USD USD USD
5.93 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
550.00 TRY Interest Interest
64.62 USD Fossil Oil Fossil Oil
64.46 USD Silver Silver
5.17 USD Copper Copper
107.59 USD Iron Ore Iron Ore
344.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,334.68 TRY Gold (gr) Gold (gr)

The European Union described the Georgian parliament's approval of the draft law as a "bad development"

The European Union (EU) described the Georgian parliament's approval of a draft law on "Transparency of Foreign Influence" as a "bad development" for the nation and its citizens and warned that its final approval would have a significant negative impact on relations between the EU and Georgia.

The European Union described the Georgian parliament's approval of the draft law as a "bad development"

The draft law was accepted by the Georgian parliament, which sparked protests, and a statement about it was made by Josep Borrell, the EU's High Representative for Foreign Relations and Security Policy.

According to Borrell, who called the bill's passage "a very bad development for Georgia and the Georgian people," the law's current iteration would have a negative effect on many Georgians as well as non-governmental and media organizations.

Borrell remarked, "The standards and values of the EU are not adhered to by this law. The majority of Georgians support Georgia's desire to join the EU, which is incompatible with the law. The law's final approval could have a significant impact on our relationships "used the expression.

According to Josep Borrell, they urge Georgia to uphold democracy, the rule of law, and human rights, and they assert that the populace has the right to organize nonviolent protests.

The opposition People's Power Party, which included some lawmakers who had previously defected from the ruling Georgian Imaginary Party, presented a draft law to the legislature, and it was approved.

A fight between the deputies occurred during the bill's parliamentary debate, which the government supported and other opposition parties opposed. The bill was opposed on the grounds that it would harm European integration by being similar to the Law on Foreign Agents in Russia, according to representatives of some opposition parties.

After the bill was approved on March 7, protests and other activities took place in front of the parliament.

The draft law stipulates that organizations that receive more than 20 percent of their financial funds from abroad should register as "foreign representatives", and organizations that do not do this will be penalized.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

US and Thailand sign agreement to strengthen critical minerals supply chains

Tuesday, October 28, 2025

NLMK Verona stands out with its 2024 sustainability achievements

Friday, October 17, 2025

China defended its export controls on rare earth elements in response to the U.S. tariff threat

Sunday, October 12, 2025

EU–Türkiye third high level climate dialogue held in Brussels

Sunday, October 5, 2025

Iran and Russia sign nuclear energy agreement

Saturday, September 27, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now