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What has Changed in the Local Business Environment?

Published: August 1, 2013 | 9:06 am
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A former shareholder in the United Georgian Bank Zaza Sioridze has stated that business has become free, and the attitude towards the private sector is more positive. However, the restoration of property confiscated under the previous government remains a problem. Mr. Sioridze has cited his own case as an example, saying that the legal dispute relating to his business has been ongoing for two years, though proving the truth has been difficult, while the business has been hurt.
Similarly, the former owner of the Turtle Lake Besik Kharziani is also still awaiting the outcome of the legal case regarding his former property. TV3 will continue investigating the cases relating to the confiscation of property under the previous government.

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