US 2018 Budget increases assistance for Georgia
20 February, 2019
US 2018 Budget increases assistance for Georgia
Not a single country will be able to enjoy the financing if US Secretary of State determines that the country recognized the independence of Abkhazia and Tskhinvali regions The budget allocations for Georgia have been increased in the 2019 Fiscal Budget of the US (FY19 Consolidated Appropriations Act). The Consolidated Appropriations Act contains significant recordings in terms of de-occup
ation and non-recognition of Georgia’s occupied regions, -the Ministry of Foreign Affairs of Georgia said on February 20.

According to the text, not a single country will be able to enjoy the financing if US Secretary of State determines that the country recognized the independence of Abkhazia and Tskhinvali regions occupied by Russia and established diplomatic relations with these regions.

The draft bill also calls on US Treasury for giving instructions to international financial institutions not to support financing of any program (credit, grant) that violates Georgia’s territorial integrity and state sovereignty.

In addition, it should be emphasized that according to the Act, USD 275 million will be allocated within the framework of the "Fund Against Russia’s Influence" for European and Asian countries, including Georgia for development of law enforcement and security forces and for boosting the relationship with the EU and NATO in the development and security.

It also points out that part of the funding should be spent on implementation of Association Agreements and Trade Agreements signed between the Eastern Partnership countries and the EU, as well as on reduction of the impact of external economic factors and the political and economic pressure from the Russian Federation.

The financial aid is also increased for Georgia as per the document and amounts USD 127,025,000 for carrying out of foreign operations and related programs, more than USD 22 million compared to the funding allocated in 2018.

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