Belarus In June 2006, the US adopted Executive Order 13405, which declared a national emergency in respect of Belarus. The order imposed asset freezes on officials and individuals, including the Belarusian President Aleksander Lukashenko, following actions and policies “to undermine Belarus’ democratic processes or institutions, to commit human rights abuses related to political repression, and […]
In February 2019, the EU adopted: · Council Decision (CFSP) 2019/325 which extended EU sanctions against Belarus for 1 year until 28 February 2019, and comprised an arms embargo, asset freezing measures and travel ban against 4 individuals (see previous post); and · Council Decision (CFSP) 2019/271 which added one individual to its ISIL and […]
The UK Government has published regulations under the Sanctions and Anti-Money Laundering Act 2018 on Belarus and Zimbabwe, which will come into force if the UK leaves the European Union. Guidance here. · Belarus (Sanctions) (EU Exit) Regulations 2019 SI 2019/600. Explanatory Memorandum. · Zimbabwe (Sanctions) (EU Exit) Regulations 2019 SI 2019/604. Explanatory Memorandum.
Today (26 February), the EU prolonged its Belarus sanctions for 1 year, until 28 February 2020. The measures consist of an arms embargo and targeted asset freezes and travel bans against 4 people designated in connection with the “unresolved disappearances of two opposition politicians, one businessman and one journalist in 1999 and in 2000”. See Council […]
Missouri-based holding company Zoltek Companies Inc, which owns US-based Zoltek Corporation and Hungary-based Zoltek Vegyipari ZRT, has agreed to pay $7,772,102 to OFAC for violating US sanctions on Belarus. Specifically, between January 2012 and October 2015, Zoltek Corporation approved 26 purchases of acrylonitrile, a chemical used in the production of carbon fibre, between Zoltek Vegyipari...