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20 March, 2019 12:16

`I and my business were threatened with destruction ... We`re not going to stop` - American businessman

Courier contacted American businessman Edward Char, who spoke in the New Europe article about problems that his company Iconia Capital faced in Georgia.

Eduard Chari says in an interview with Rustavi2 that he is not going to leave Georgia and is planning to fight till the end.

The American businessman blames the Georgian government for pressure and says that American senators and congressmen are informed about the issue.The American businessman says openly that he and his business are threatened.Edward Char speaks directly to the government of Georgia and speaks about the crime committed by state institutions.According to him, not just for business development but also for existence the environment in Georgia is not favorable .

"Georgia has violated the agreement that has been operating since 1994 between the United States and Georgia. It is about the gross deterioration of the favorable environment that should be created for investing here. I have very good contacts with the US government, Senators, Congressmen, including Congressman Gephardt, who is planning to take part in the next presidential election. The person who might be the next president of the United States is aware of this case. We are not going to stop and I think we should hope for his help. "I and my business were threatened by destruction and we were acting in full compliance with Georgian legislation. When the Georgian government proudly speaks that there is a favorable environment for business, this is not even funny. My main addressee is the government of Georgia who created this ugly system and not the Georgian people whom I love very much. Corruption approaches in the court should be changed, the approach of the government towards investors should be changed as well, "said Edward Char.

An article about the pressure on the business was published in the New Europe, where American Edward Char points to the problems created for his company.The article later appeared on the official Twitter page of Berlaymont which is an unofficial Twitter page for the European Commission, the European Parliament and other European structures and is being read by politicians in Brussels.

PASHA Bank Sponsored TMG 2019 – Telecom Meetings in Georgia

12 April, 2019 , 13:41

On April 10-11, TMG 2019 - Telecom Meetings in Georgia was held. PASHA Bank has sponsored the event for the third time, which emphasizes its good will to support local business and economic development of the country. PA

PASHA Bank Sponsors TMG 2019 – Telecom Meetings in Georgia

3 April, 2019 , 16:20

On April 10-11, TMG 2019 - Telecom Meetings in Georgia will be held. PASHA Bank will be sponsoring the event for the third time, which emphasizes its good will to support local business and economic development of the co

Intelligence Specialist of Israel will hold workshop concerning artificial intelligence in Tbilisi

29 March, 2019 , 17:55

Spark will host the workshop on artificial intelligence of the company “Olmait” (at N 164 Tsotne Dadiani street) on March, 30.  Olmait ( is Georgia-Israel technology initiative, the goal of whi

Silknet raises $200 million in Eurobond issue

27 March, 2019 , 17:39

27 March 2019 - JSC Silknet (“Silknet”), one of Georgia’s leading telecommunications operators, has successfully priced a debut $200 million 5-year 11% senior unsecured bonds issue (the “Notes&rdq

Another Georgian business speaks up - `Georgia Airways` asking for help

21 March, 2019 , 10:57

The Georgian air company “Georgian Airways” demands help. The company releases a special statement, where it says that the managing company of Tbilisi airport does not allow them to carry out flights and requ

From Busines utopia to Investor`s graveyard - New Europe publishes an article on Georgia

19 March, 2019 , 19:17

How Georgia has transferred from business utopia to investor"s graveyard - International media speaks about elite corruption and facts of business harassment in Georgia. The article "New Europe" is based on the experienc

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