Georgian Fair Business Practices Sanctions Act of 2017
This bill directs the President to periodically submit to Congress a report: (1) determining whether or not the government of Georgia is undermining commitments or contractual agreements made with U.S. business persons operating in Georgia, and (2) identifying current or former Georgian officials who are responsible for such actions. The report shall include a summary of U.S. government and nongovernment investment in Georgia.
If the President determines that Georgia has committed such actions, the President shall impose financial and trade assistance sanctions on the government of Georgia and visa and property blocking sanctions on identified officials.