„On 27 December, the U.S. Treasury Department’s main sanctions authority, the Office of Foreign Asset Controls (OFAC), announced that it had sanctioned Bidzina Ivanishvili. It used its most far-reaching sanctions tool – the specifically designated nationals (SDN) – and most significantly, it did so under Executive Order 14024, which targets those working on behalf of Vladimir Putin’s Kremlin.“ Maximilian Hess, founder at Enmetena Advisory and fellow at Foreign Policy Research Institute provides a good analysis on what the sanctions against Ivanishvili mean.
„Ivanishvili and his Georgian Dream Party had already made clear to the Georgian people they faced a choice between them and the West with the aforementioned suspension of Georgia’s EU accession efforts. But OFAC’s actions now mean Georgian business must also choose between their country’s dominant billionaire and the West.“
When the news arrived yesterday, it was greeted by the sound of the Star-Spangled Banner ringing out over Rustaveli Avenue.
Now, Europe, can we at least form a ‚coalition of the willing‘, bypassing Russia’s puppets, Orban and Fico, and do something similar – following the example of the Baltic States?
