Abkhazia rejects bill encouraging Russian investment amid protests and political changes.

Lawmakers in Abkhazia, a breakaway Georgian region, rejected a bill that would have encouraged Russian investment, including property purchases, following protests and the resignation of President Aslan Bzhania. The bill faced opposition over fears it would harm local businesses and increase housing costs. Abkhazia, which relies on Russian financial support and hosts Russian troops, saw the decision as a step to stabilize the region ahead of upcoming elections.

4 months ago
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