Russia’s Duma unanimously voted to ban imports of Georgian wine and mineral water and to ban labor remittances to Georgia

Thursday, July 11, 2019
Russia’s Duma unanimously voted to ban imports of Georgian wine and mineral water and to ban labor remittances to Georgia

Russia’s Duma unanimously voted to ban imports of Georgian wine and mineral water and to ban labor remittances to Georgia. This allowed President Putin to play the peacemaker Tuesday and reject the sanctions. All flights between both countries ended Monday, cutting Georgia off from its top source of tourists. With economic damages estimated at $300 million, Georgia’s lari, slipped to a record low of 2.85 against the dollar on Wednesday, taking its year-to-date loss to 7.5%.

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