The Trump Organization, the CEO of which is U.S. President-elect Donald Trump,  canceled a licensing deal for a hotel in Azerbaijan and is taking steps to do the same for a project in neighboring Georgia, CNBC reported quoting AP.

According to the newspaper, such a step of the Trump’s company is connected with his taking the office as president. Both foreign projects of the billionaire are connected with political figures that can negatively affect Trump president's reputation. Earlier this week The Trump Organization cancelled a deal for a hotel in Brazil. A