Tbilisi, Georgia, Sept.13
By Nana Kirtzkhalia - Trend:
Parliamentary Finance and Planning Committee discussed today the oldest Convention on Peaceful Settlement of International Disputes, adopted in 1907, presented by the president of Georgia for the ratification, and unanimously supported it.
It is one of the oldest conventions and it is based on the Convention of 1899, the First Deputy Minister of Justice of Georgia Alexander Baramidze said.
The Hague Arbitration Court, which includes 115 world countries, was established on the basis of this convention.
Committee members declared it expedient for Georgia to join the convention.
The meeting also considered the draft of act of parliament and requesting of tranche provided for 2014-2017, approved by the International Monetary Fund for Georgia within the framework of the Stand-By Arengment (SBA) and its submission to the state budget of Georgia.
Some four largest accounting firms to audit the reports of the National Bank of Georgia were also presented to the committee members.
These are KPMG, Deloitte Touche Tohmatsu, Ernst & Young and Price Waterhouse Coopers. The best of the four will audit the National Bank of Georgia for two years.
Information will be presented to the chairman of the Georgian parliament, and then after the appropriate procedures the winner will be revealed.