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Early End to the Moratorium on Land Sales to Foreign Nationals

Published: June 26, 2013 | 6:56 pm
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The moratorium on sales of agricultural land plots to foreign nationals will only run until 2014, instead of 2017, as was originally planned. The moratorium was initiated by the Parliament’s Agrarian Committee. Georgian farmers have protested against the sale of lands to foreign nationals on a number of occasions. Was the end date of the moratorium brought forward out of fear of losing potential investors? The head of the Parliament’s Agrarian Committee Gigla Agulashvili denies any links between this decision and any potential problems with the investors. However, he does not explain the precise reasons for the early end to the moratorium. Mr Agulashvili states that the changes will be passed on to the Parliament for review this week.

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