Abkhazian Parliament Rejects Investment Agreement with Russia
In a significant political move, the Abkhazian parliament convened an extraordinary session and voted against ratifying an investment agreement with Russia, which had ignited widespread protests across the republic last month. The decision was articulated by MP Kan Kvarchia, who emphasized that the parliament's action was not an affront to Russia or Abkhazia but rather a necessary response to the perceived disadvantages of the agreement. He remarked, "This was not done against anyone, not against Russia, not against Abkhazia. This is a forced measure. Because those people who created this kind of document are enslaving to Abkhazia... It was impossible to accept it."
The controversial agreement, signed on October 30 in Moscow, allowed Russian companies to undertake investment projects in various sectors within Abkhazia, including tourism and recreational facilities. This agreement was met with resistance from the opposition, who hoped the executive branch would retract it, a hope that ultimately did not materialize.
Protests Erupt Following Parliamentary Decision
The rejection of the agreement led to a series of protests in Sukhum, the capital of Abkhazia. Following a parliamentary session on November 11, where a draft law facilitating the construction of multifunctional complexes was passed, opposition members attempted to confront a deputy, leading to several detentions. This incident sparked mass protests, with demonstrators blocking key national highways and bridges, chanting demands for the resignation of the authorities and expressing their discontent with the agreement.
On November 15, as tensions escalated, the parliament was set to ratify the agreement; however, opposition-led riots ensued, culminating in protesters breaching security barriers and occupying the parliament building. In light of the unrest, the authorities decided to withdraw the bill to restore stability in the region.
Political Fallout and Upcoming Elections
Following the protests, a significant political agreement was reached on November 19, resulting in the resignation of President Aslan Bzhania. Early presidential elections are scheduled for February 15, 2025. In the interim, Vice President Badra Gunba has been appointed as acting president, while Prime Minister Alexander Ankvab has stepped down, with Valery Bganba assuming the role of acting prime minister.
In an exclusive interview, former President Bzhania addressed the protests and reiterated the necessity of the investment agreement with Russia, asserting his intention to run in the upcoming elections. The unfolding political landscape in Abkhazia remains tense as the republic navigates the implications of its relationship with Russia and the demands of its citizens.
