ANNOUNCEMENT 24 Mar 2022

In March 2022, the UK government imposed sanctions on several Belarusian entities due to their role in the invasion of Ukraine.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

UK HM Treasury, Office of Sanctions Implementation, Financial Sanctions Notice. Available at: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1062890/Notice_Belarus_240322.pdf

Inception date: 24 Mar 2022 | Removal date: open ended

Controls on commercial transactions and investment instruments

On 24 March 2022, the UK HM Treasury issued a notice imposing sanctions on several Belarusian entities on account of their part in the aggression against Ukraine. The sanctioned entities are operating in the financial, defence and transportation industries. The assets of these entities are frozen and transactions with these entities are prohibited.

Sanctioned entities are Bank Dabrabyt Joint Stock Company, Cjsc Belbizneslizing, Industrial-Commercial Private Unitary Enterprise Minotor-Service, Jsc Transaviaexport Airlines, Limited Liability Company Belinvest-Engineering, and Ojsc Kb Radar-Managing Company Holding Radar System.

AFFECTED SECTORS

 
N/A