CDA Elizabeth Rood’s Remarks to Media at the Announcement of OPIC Loan to Liberty Bank (September 25)

CDA Elizabeth Rood’s Remarks to Media at the Announcement of OPIC Loan to Liberty Bank (September 25)

 

Q-n about the event

Charge d’affairs, Elizabeth Rood:  The United States Embassy is very pleased that the United States Overseas Private Investment Corporation, or OPIC, is providing this loan of $15 million to Liberty Bank.  This will allow Liberty Bank to acquire and install the most modern Automated Teller Machines, or ATMs, across the country.  This is especially important in Georgia’s regions, and this project is going to assist Georgia’s financial sector by making banking services more available to families in Georgia’s regions which will strengthen families’ economic situation.  It is also going to help Georgia’s entrepreneurs in the regions to have better access to credit and banking services.  This is just one part of many things the United States’ government is doing to support economic growth and prosperity in Georgia.

Q-n about the recent developments at ABL

Charge d’affairs, Elizabeth Rood:  The United States continues to watch with great concern the situation on the Administrative Boundary Line with South Ossetia, particularly the events near the village of Chorchana and, most especially, the installation of a checkpoint by the so-called South Ossetian “authorities” on Tbilisi-administered territory.  We support Georgia’s territorial integrity and sovereignty fully, and we support the Geneva International Discussions, where we expect the current situation along the ABL to be an important subject of discussion.