President Donald Trump's two sons Eric and Donald Jr. – now charged with running the family business – say they've canceled a billion dollars worth of foreign deals to prevent any conflict-of-interest pitfalls, as their father mans the White House for the next four years.

The Trump Organization killed a number of projects including the Trump Office Buenos Aires in Argentina, two hotel projects in Rio de Janeiro, the Trump International Hotel & Tower Baku in Azerbaijan, Trump Tower Batumi in Georgia and the Trump Riverwalk in Pune, India, according to the New York Times.

Other deals that were in the planning stages, including an office building in Dubai and properties in Israel, China, Australia and Vietnam, aren't happening now.

'I was the first person to raise my hand and say you should not do certain deals, as I understood the optics, as you can't build the tallest building in Tel Aviv and try to negotiate peace in the Middle East,' Eric Trump told the Times for a piece about the brothers forging ahead with the business.

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President Donald Trump's sons - Donald Jr. (left) and Eric (right) - have canceled a number of proposed foreign projects in an effort to curb conflict-of-interest claims with the White House

The brothers have called off a billion dollars worth of foreign deals, though will continue doing business internationally, like attending the opening of the Trump International Golf Club Dubai

However, President Donald Trump has properties all around the world, including the Trump Towers, Istanbul, which could receive tax breaks and incentives from local governments

It was Eric Trump who also threw the out the billion dollar figure, though it could not be independently verified.

As for existing projects, the brothers will continue traveling around the world.

This Saturday, reports the Times, they will attend a ribbon cutting at a new 'magnificent golf course' in Dubai, in the United Arab Emirates.

A week later they'll head to Vancouver, British Columbia for the opening of a new Trump International Hotel and Tower.

Eric Trump recently traveled to the Dominican Republic to restart a stalled project from 2007, which had fallen victim to the financial crash.

The move invited controversy after President Trump promised before taking office that the company, now in the hands of his sons, wouldn't pursue any new deals abroad.

Eric Trump's travels to Uruguay last month also raised eyebrows when the Washington Post reported the business trip cost taxpayers nearly $100,000 in hotel bills for his Secret Service protection.

Democrats, and even some Republicans, believe that he continuation of the Trump Organization's business globally is going to be problematic.

Even if the Trump Organization doesn't ink new foreign deals, the pre-existing properties could receive tax breaks and other incentives from state and local governments, which could give off a whiff of pay-to-play, something that candidate Trump criticized rival Hillary Clinton for, in regards to the Clinton Foundation.

'People are going to offer them sweetheart deals,' Pete Schweizer, the conservative author who penned Clinton Cash, told the Times.

His book detailed how Clinton, as secretary of state, favored donors to her husband's charity.

'It is just the way it works, as it comes down to the fact that people want access to national leaders in the country, and unfortunately in the past, be it Billy Carter, Neil Bush or Roger Clinton, relatives become vehicles to accomplishing that,' Schweizer said.