Georgian Economy Minister Giorgi Kvirikashvili, during a broadcast on Mzera TV, announced that he does not exclude reconsideration of treaties with the Russian Inter RAO UES and SOCAR (State Oil Company of Azerbaijan).
According to him, contracts signed with investors should be transparent. He noted that current agreements with them will necessarily be reconsidered.
Kvirikashvili considers it wrong that those investing in the country want to get the benefit for five years.
“Investors should not violate the rights of consumers through regulatory commissions” said Minister adding “We’re not going to turn away any investor. We want to put just requirements forward. A Georgian citizen paying the same rate as one belonging to a developed country is absolutely unfair”.
