Natia Turnava, Acting Governor and First Vice Governor of the National Bank of Georgia, Vice Governors Archil Mestvirishvili, Papuna Lezhava and Nikoloz Gagua met with EU Sanctions Envoy David O’Sullivan, Head of the Office of Sanctions Coordination at the US State Department, James O’Brien, Director General, Economics, Science and Technology at the UK Foreign Office, Kumar Iyer, and other members of the delegation.

The discussion centered around the compliance with financial sanctions imposed by the USA, Great Britain, the European Union and other countries on the Russian Federation for its aggressive military actions carried out in Ukraine. The representatives of the National Bank of Georgia recapped the successive steps that are in full compliance with the sanctions. Importantly, international organizations give favorable evaluation to the actions of the NBG in this area. According to the US State Department's report on Georgia's investment climate, the National Bank of Georgia and Georgian financial institutions operate in full compliance with the sanctions imposed on the Russian Federation by the United States of America and other countries. Compliance with international financial sanctions is thoroughly monitored in the course of on-site inspections of financial institutions.

"The National Bank of Georgia makes sure the financial sector of Georgia complies with all regulations and restrictions imposed on Russia right from the first days of its invasion of Ukraine. Notably, compliance with sanctions has been monitored from the second day of the start of the conflict, the results of which we presented to the international partners in detail today," Natia Turnava said.