TBILISI [Georgia], In a move aimed at reducing tensions arising from the controversial "foreign agents" bill, Georgian President Salome Zourabichvil vetoed the law on Saturday, Al Jazeera reports. The bill was widely criticized and triggered unprecedented protests, raising concerns domestically and internationally about the potential impact on Georgia's democratic credentials and its EU aspirations. However, President Zourabichvili's veto may only serve to delay the proposed legislation, as Parliament has the power to reject it with an additional vote. The bill, proposed by the ruling Georgian Dream party and passed by parliament earlier this week, requires non-government. Organizations (NGOs) and media outlets that receive more than 20 percent of their funding from foreign countries are required to register as "entities furthering the interests of a foreign power."“Today, I vetoed the Russian law. This law, in its essence and spirit, is fundamentally Russian, which contradicts our Constitution and all European standards. Thus it represents an obstacle in our European path. This law must be repealed!" the President posted on Twitter after the veto was used. Critics compared the law to an attempt to suppress dissent, citing its potential to curtail media freedom and civil society activities. .By Russian laws. The bill imposes heavy fines on non-compliant organizations that raise concerns about the erosion of democratic norms in the country, if they refuse to do so and disclose sensitive information about foreign funding, Al Jazeer reports. If so, they will have to pay a fine of 25,000 lari (US$9,360). Non-compliance will result in a fine of 20,000 lari (USD 9,360) each month. On Tuesday, Georgia's parliament passed a bill proposed by the Georgian Dria party, which is in power until 2022. The party has enough votes to overturn the President with a simple majority.Prime Minister Irakli Kobakhidze, who belongs to Georgian Dream, has indicated that his party is ready to consider Zourabichvili's proposed amendments to the law if he vetoes them. document. But Zourabichvili – who is at odds with the ruling party – has ruled out the possibility of entering into “false, artificial, misleading negotiations” with Georgia Dream. Giorgi Ravishvili, a political analyst, told Al Jazeera that, despite Georgian Dream having the majority to override the veto, it was important for the president to take this step "The president is right about how it [the foreign agent law] is". This is contrary to all European standards," Ravishvili said, in accordance with Russian law. There has been a fundamental change in the political landscape, with the younger generation increasingly getting involved in politics in the last few weeks."Massive protests are taking place in Georgia's capital Tbilisi against the foreign agents bill, with NGOs and media organizations fearing it will force the country to shut down for 24 years," It would mean they could seize our assets,” Aka Gigouri, head of the Georgian branch of Transparency International, an anti-corruption NGO that works in the US, told Al Jazeera. Critics have argued that the draft law would infringe on media freedom. Opponents said the bill would move Georgia closer to Russia since it gained independence in 1991. Relations between the former Soviet countries have remained tense, with European Commission President Ursula von der Leyen warning that on May 1, Georgia was "at a crossroads.EU member states are very serious. “It is clear that if this law is adopted, it will be a serious obstacle for Georgia from a European point of view,” EU spokesman Piet Stano said, adding that the US would also oppose Georgia on this bill. This would be inconsistent with its stated goal of joining the EU and maintaining ties with NATO. The Georgian Dream Party has stressed that it is committed to joining the EU, And this bill has been described as aimed at increasing the transparency of NGO funding.