Abkhazia’s investment agreement

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Abkhazia

Abkhazian Parliament rejects Russian investment agreement

by OC Media

•2 min read

The Abkhazian Parliament has voted against the ratification of the agreement on Russian investment in Abkhazia. Twenty-three MPs attended the extraordinary session of parliament on Tuesday, of which 19 voted against the agreement, while three abstained. The session was held after a letter with 19 signatures was sent to the Speaker of Parliament, Lasha Ashuba. According to regulations, an extraordinary parliamentary session must be held if a third of the MPs — or 12 MPs — request such a s

Abkhazia

Explainer | How a controversial investments agreement led to the downfall of the Abkhazian president

by OC Media

•9 min read

In the early hours of Tuesday, Abkhazian President Aslan Bzhaniya announced his resignation after days of protests centred around a controversial agreement on Russian investments. Bzhaniya still intends to run in the upcoming presidential elections, which are expected to take place in February. Over the course of less than two weeks, discontent over the proposed legislation grew and morphed into a protest movement that brought down the Abkhazian government. On 30 October, an agreement on