Wednesday, September 10, 2008

House of Representatives assists Georgia

Members of the US House of Representatives have been presented with a draft law which will transfer $500 million from the federal budget to Georgia. According to a report from the Governmental Commission for Security and Co-operation, these funds will be designated for the support of the Georgian economy, which was seriously damaged during the Russian invasion. The funds must be allocated within 180 days after the law is brought into force.

Assistant Secretary of State Daniel Fried and Georgian Parliament Speaker Davit Bakradze were invited to Congress yesterday and observed the discussion of the draft law.

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