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GEORGIAN DEPUTIES FOR PRIVATIZING RUSSIA-ARMENIA GAS PIPELINE
PanARMENIAN.Net
September 7, 2011 - 21:03 AMT
PanARMENIAN.Net - Amendments to legislation have been initiated
in Georgian Parliament enabling the government to sell shares of
strategic entities in international stocks.
Among such entities are the gas-main pipeline connecting Russia
with Armenia, railway, power supply system, Vzglyad reports quoting
Georgian Pirveli.
The authors of the bill are Zviad Kukava and Mikheil Tskitishvili.
Earlier Georgian prime-minister Nika Gilari said that 20-25% shares
are possible to sell in New York, Warsaw, London markets. That "will
allow us to attract considerable capital to the country," he sad at
a government sitting.
"That will also prompt our private companies to similar actions with
regard to opening new work places," Gilari said. According to him
investors have high trust in Georgia.
The existing legislative regulations did not allow that. Amendments
will be discussed at autumn session. The opposition stands against
the government to sell shares of strategic entities.
PanARMENIAN.Net
September 7, 2011 - 21:03 AMT
PanARMENIAN.Net - Amendments to legislation have been initiated
in Georgian Parliament enabling the government to sell shares of
strategic entities in international stocks.
Among such entities are the gas-main pipeline connecting Russia
with Armenia, railway, power supply system, Vzglyad reports quoting
Georgian Pirveli.
The authors of the bill are Zviad Kukava and Mikheil Tskitishvili.
Earlier Georgian prime-minister Nika Gilari said that 20-25% shares
are possible to sell in New York, Warsaw, London markets. That "will
allow us to attract considerable capital to the country," he sad at
a government sitting.
"That will also prompt our private companies to similar actions with
regard to opening new work places," Gilari said. According to him
investors have high trust in Georgia.
The existing legislative regulations did not allow that. Amendments
will be discussed at autumn session. The opposition stands against
the government to sell shares of strategic entities.