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South Caucasus News

Australia’s ASIC sues Blockchain Global former Exec over global crypto breach


Australia’s corporate regulator said on Wednesday that it has initiated civil penalty proceedings against Liang (Allan) Guo, a former director of the failed cryptocurrency exchange firm Blockchain Global, alleging multiple breaches of duties, Azernews reports, citing Tribune.

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South Caucasus News

В Бишкеке прошел прием по случаю Дня независимости Азербайджана



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South Caucasus News

Братство без границ: как три мусульманских страны формируют новый порядок в регионе



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South Caucasus News

Лидеры Азербайджана, Турции и Пакистана отметили 28 Мая в Лачине



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South Caucasus News

Алиев, Эрдоган и Шариф выступили в Лачине | День независимости Азербайджана в Таллине и Бишкеке



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South Caucasus News

EBRD backs €25M green investment in Lithuania’s PET Film industry


The European Bank for Reconstruction and Development (EBRD) is boosting sustainable manufacturing and foreign investment in Lithuania with a €25 million loan to Evertis, a subsidiary of Portugal’s IMG Group, Azernews reports.

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South Caucasus News

GD PM Kobakhidze Visits Hungary to Participate in CPAC


Georgian Dream Prime Minister Irakli Kobakhidze visited Hungary on May 28, where he met with his Hungarian counterpart, Prime Minister Viktor Orbán. On May 29–30, Kobakhidze is also scheduled to participate in the Conservative Political Action Conference (CPAC), which will be held in Budapest.

Meeting with Hungarian Prime Minister Viktor Orbán

According to a press release from the GD government, during their meeting on May 28, Prime Ministers Kobakhidze and Orbán highlighted the successful cooperation between Georgia and Hungary. Kobakhidze expressed his gratitude to Orbán for Hungary’s consistent support for Georgia across various international platforms.

Following the meeting, Kobakhidze wrote on X: “Had a great meeting with Prime Minister Orbán to discuss the growing partnership between Georgia and Hungary. We deeply appreciate Hungary’s support for Georgia’s European integration and our shared commitment to regional peace and stability.”

More to follow…

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South Caucasus News

Европа готовится к длительной войне с Россией



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South Caucasus News

GD FM Botchorishvili Meets UNDP’s Ivana Živković


On May 28, the Georgian Dream Foreign Minister Maka Botchorishvili met with Ivana Živković, UN Assistant Secretary-General and Director of UNDP’s Regional Bureau for Europe and the CIS, to discuss the partnership between Georgia and the United Nations Development Programme.

According to the Ministry of Foreign Affairs, during the meeting, “the parties reviewed the 30-year-old close partnership and key areas of cooperation between the Government of Georgia and UNDP, including UNDP’s efforts to promote sustainable development in the country.”

The press release said that the discussion also touched on Georgia’s strategic role in the region, emphasizing the growing significance of the “Middle Corridor” transit route. “In this context, the importance of UNDP’s involvement in the process of supporting economic and infrastructural developments in Georgia was noted,” the ministry said in a press release.

The UNDP representative, as part of her visit to Georgia, is also meeting with representatives of Georgian sectoral agencies.

As stated in the release, the conversation also touched on the difficult humanitarian situation in the Russian-occupied regions of Georgia.

The United Nations in Georgia has on several occasions criticized the GD government repressive laws and practices. Upon the introduction of the draft Foreign Agents’ law in the Parliament in 2023 it said that it “would likely to impede the work of the UN to implement the Sustainable Development Cooperation Framework, the country strategy that we have co-signed with the Government of Georgia”. The UN office expressed “profound concern”over the draft Law on Transparency of Foreign Influence registered by the parliamentary majority, noting that its adoption “would risk impeding the work of civil society and media and the essential contributions they make to Georgian democracy.”

The UN Sustainable Development Cooperation Framework for 2021-2025 guides the work of the Government of Georgia and the UN system till 2025. It was adopted at the end of 2020 in close collaboration between the UN- the long-standing partner of Georgia, the Georgian Government and a wide range of partners including development partners/donors, international financial institutions, civil society and academia. Among strategic priorities that are supported through this initiative are: no poverty, zero hunger, good health and well-being, quality education, decent work and economic growth, peace, justice and strong institutions and others. The Cooperation Framework is aligned with the national development priorities, including Georgia’s EU integration aspiration and the country’s international commitments.

In the April 9, 2024 statement UN Office in Georgia had expressed “profound concern” over the ruling Georgian Dream party’s reintroduction of the foreign agents law and “regret” over the abolition of mandatory gender quotas in party electoral lists. Citing Georgia’s membership in the UN Human Rights Council, the UN urged the government to withdraw the draft law and called for “broad, inclusive, and meaningful consultations” with civil society and other stakeholders.

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