The Chair of the Human Rights and Civil Integration Committee, Mikheil Sarjveladze initiated the working meeting to discuss the Bill on Entrepreneurs.

The meeting was attended by the Chair of the Sector Economy and Economic Policy Committee, David Songulashvili; Vice-Speaker, Avtandil Enukidze; Chair of the Union of Oil Products Importers, Vano Mtvralashvili; representative of the Office of the Business Ombudsman, David Kochiashvili; Director of Business Association, Nikoloz Nanuashvili; and the CEO of the BA, Shavleg Mishveladze, and the representatives of the small gas stations, Zaal Iakovidze (“Senta Oil”), Giorgi Kapanadze (“Oxoil”) and Malkhaz Sagirashvili (“Ecopetrol”).

M. Sarjveladze introduced the new Bill and changes to the Law on Legal Principles of Construction, Operation, Maintenance, Service and Exploitation of Some Means of Transportation of Oil on the Territory of Georgia and Import, Transportation, Storage and Export of Oil by these Means.

The parties discussed the concepts of the Bill on Entrepreneurs and the replacement of “authorized capital” with “deployed capital” in some acts. The parties underlined that none of the bills envisage the change concerning the obligation on the authorized capital for the enterprises in the oil sphere. The parties expressed interest in disinformation broadcasted by one of the TV channels on April 17.

After the meeting, the Chairs of the Committees estimated the importance of the issues.

“The meeting was very important, where we informed the parties concerned about the Bill on Entrepreneurs. We discussed the impact of the legal changes in this sector and stressed the facilitation of the sector and its improvement. We offered the engagement in this process to the parties, where they will be allowed to express their positions”, - M. Sarjveladze noted.

According to D. Songulashvili, the Bill will improve the activity of the business sectors. “The Bill has been developed to improve the business sector activity and it was reaffirmed today. Unfortunately, when we encounter disinformation, it aims at the creation of a negative attitude towards the Government. At the meeting, it was clarified that the Government and our team support the business sector to improve the economy, and the Bill aims for the rapid improvement of the economic sphere”.