RE: Part TV Interview translation from 4th June6 Jun 2020 23:35
Georgia has moved to a Russian-style kleptocracy - Frontera leaders are appealing to Gakharia
15:22; 04-06-2020
Steve Nicandros, Chairman of the Board of Directors of Frontera Research Corporation, and Zaza Mamulaishvili, President of the company, will address the Prime Minister of Georgia, Giorgi Gakharia, in writing.
The letter states that Georgia has come to the Russian-style kleptocracy and is disguised as a sharer of American democratic values ??and a free market. The letter also states that the investment and business environment in Georgia has deteriorated sharply, which does not recognize the rule of law, uses the court as a weapon and prefers to seize the state.
"Since 2013, we have seen growing anti-American sentiment and discriminatory attitudes toward important American investments and American NGOs, the systematic collapse of the free economic market. As a result, Georgia has moved to a Russian-style kleptocracy that is only disguised as a sharer in American democratic values ??and a free market. This political notion is intended only to receive continuous American assistance from the U.S. government. This farce must end
In the same year, an arbitrary attempt to terminate the contract was initiated against our company, which was later declared illegal by the Arbitration Court. Why? Favorable conditions for natural gas imports were given to Gazprom and SOCAR, and the Georgian government held talks with the Iranian government on gas imports. At the same time, the Frontier's attempt to seize the gas field in eastern Georgia, which could have provided cheaper and more competitive gas to Georgian consumers, has been repeatedly challenged by the state, with state media misinformation and expropriation. Why? In 2016,
the Chinese CEFC was given a 75% controlling stake in the Poti Strategic Free Economic Zone. You have personally visited China to sign a contract. However, the company has failed to meet its $ 150 million investment commitment, which has resulted in neither fines nor public criticism. However, you have publicly mentioned "Frontera" as an unscrupulous company, and this is while the Frontera has invested more than $ 500 million in Georgia, despite the commitment of only $ 18 million. He also discovered the oil and gas reserves that will make Georgia independent of energy
Your government has launched an arbitration dispute against the largest American investor in Georgia, Frontera, in order to cancel the contract. Why? Like all companies that have resisted anti-American clerical policies, we have become the target of a state-sponsored and slanderous campaign by the Russian media, using suspiciously similar fake news against our company, including our work and arbitration decisions. Why? All sides have suffered as a result of the costly and unsuccessful attack carried out by your government. If Georgia really wants a long-term Georgian-American strategic partnership, then the question is, why are you working so hard