Association of Young Bankers and Businessmen (AYFB) communicates embarrassment? over the reality Parliament of Georgia wants to adopt Law for Tobacco in the pre-existing form, without revision.

AYFB analyst Paata Bairakhtari noted that it is inadmissible to adopt the bill inside existing form.

?Seemingly, the Authorities can not realize threats that could arise in case of adopting of the bill. To begin with, the bill lacks with regard to due financial assessment. Consequently, it is not yet determined what economic outcome its adoption offers.

Explored materials prove which we should not expect virtually any economic benefit, although the bill does not make it possible for to determine losses nys economy, budget and the whole country may well receive.

There are a number of policies in the bill for Tobacco Control and a reasonable time should be used for their enactment. The condition of the bill in which calls for licensing tobacco smoking product traders can be unclear and nonfunctional. The prevailing bill introduces a licensing of tobacco traders, but the certification mechanisms are not responded, what criteria drug abuse must satisfy, in general, what is the goal of release of this norm in the nation.

If the Parliament adopts delicate? licensing norms, this particular signifies that a major part of small entrepreneurs will be unable to satisfy them (the catch is of supermarkets together with stores) and they will possibly be led to bankruptcy. As a result, only major business people will be able to obtain certificates and will make features following extreme lowering of market competition. Inside second case, if ever the licensing norms will likely be simple and everybody will obtain them, launch of similar regulations might be useless! This license will grow into mechanism for stealing dollars from population. As to growth in excise tax, with which the bill authors want to reduce smoking stage, this step will be bad and useless and the Georgian experience of the past yrs prove this thing to consider, along with international encounter.

Over the past years using tobacco excise tax is growing for permanent basis, even so mechanism has not lowered smoking level. In the past years tobacco imports regularly grows in Georgia.

?According to statistics for Thinking about receiving to June, 2016, Atlanta imported 55.5 million USD tobacco, up 3.Some million USD than the same period of 2016. A only result of tobacco excise tax growth has got provoked upturn with tobacco products smuggling and vulnerable legal business’.

Thus, AYFB urges your Parliament to analyze all threats accompanying the bill ownership in the existing form and asks for earning substantiated? revision or usually do not back adoption in this bill under the recent form.