I have made the decision to finally retire from politics and fully distance myself from the reins of power. I am leaving the post of party chairman, as well as the party itself and am returning to my pre-2011, private lifestyle, - stated Bidzina Ivanishvili in his public letter.

"The ruling team truly is the best option that has no alternative in terms of features and characteristics among all political actors that exist today.

I am fully confident that a team staffed with these individuals can replace my hard work, authority, and skills in a worthy manner.

And that is why I believe that my mission has been accomplished. I have made the decision to finally retire from politics and fully distance myself from the reins of power. I am leaving the post of party chairman, as well as the party itself and am returning to my pre-2011, private lifestyle.

I will turn 65 years old in just a few weeks, and this is one of the important factors in making the decision to retire from politics. I believe that this step of mine, which is dictated by the desire to advance young people to the forefront, will not only not weaken, but will, in fact, further strengthen the ruling party, making it more viable and motivated, while encouraging our supporters and further invigorating the government.

I leave politics proud, victorious, and grateful to the people. The people were able to see the efforts I have expended solely in the interests of the country and the state. I am certain that the Georgian people will also appreciate the step I take today, which is dictated by the same interests that caused me to enter politics", - stated Ivanishvili.

source: IPN