Neither side is ready to step back in Georgian crisis

Significance

The authorities went ahead with the arrest of Nika Melia, leader of the opposition United National Movement (UNM), on February 23 even after the prime minister resigned in protest. Georgian Dream's actions have caused concern in Western capitals that approved its election victory when the opposition cried foul.

Impacts

• The crisis is a setback for the government's stated plan to apply for EU membership in 2024.
• There is growing talk in the United States about individual sanctions targeting Ivanishvili and his associates.
• Political turmoil will harm hopes of foreign direct investment and the imminent Anaklia port tender.