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“Acting President/First Vice-President of the National Bank of Georgia, Natia Turnava, Vice-Presidents Archil Mestvirishvili, Papuna Lezhava and Nikoloz Gagua held a meeting with the EU's special envoy on sanctions David O'Sullivan, the Head of the Office of Sanctions Coordination at the US State Department, James O’Brien, and Director General, Economics, Science and Technology at the UK Foreign Office, Kumar Iyer, and other members of the delegation,” - the National Bank of Georgia reports.
According to their reports, the discussion at the meeting touched on the implementation of financial sanctions imposed by the USA, Great Britain, the European Union and other countries on the Russian Federation due to the aggressive military actions carried out in Ukraine.
The National Bank officials focused on the successive steps that are in full compliance with the sanctions. It should be noted that international organizations positively evaluate the activities of the National Bank in this direction.
According to the US State Department's report on Georgia's investment climate, the National Bank of Georgia and Georgian financial institutions operate in full compliance with the sanctions imposed on the Russian Federation by the United States of America and other countries. Compliance with international financial sanctions is systematically monitored during on-site inspections of financial institutions.
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