Donald Trump`s stops participation in business projects in Georgia and Azerbaijan.

It is reported by Associated Press naming as the source the US president`s lawyer.

Trump lawyer Alan Garten said Friday that developers in the projects in Azerbaijan, Georgia and Brazil failed to meet terms of licensing deals. He described the moves as "normal housekeeping" and not part of a strategy to reduce potential conflicts of interests.

He said the Trump Organization had no moves underway to cancel any other overseas ventures.

The Georgia project is for a tower in the Black Sea resort town of Batumi. Trump lawyer Garten said the president-elect"s company sent a "default notice" earlier this month to the developer because it had not lived up to terms of the licensing deal.

Garten described the move as typically a first step to canceling a deal.

Recall that the former Prime Minister, Bidzina Ivanishvili , claimed that Trump had no business intentions in Georgia and it was a lie spread by Saakashvili.