ANNOUNCEMENT 05 Jul 2022

In July 2022, the UK government announced new sanctions against Belarus due to their role in the invasion of Ukraine.

NUMBER OF INTERVENTIONS

3

  • 3 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

UK Statutory Instruments 2022 No.748 Sanctions, “The Republic of Belarus (Sanctions) (EU Exit) (Amendment) Regulations 2022”. Available at: https://www.legislation.gov.uk/uksi/2022/748/made/data.pdf

UK Foreign, Commonwealth and Development Office, News Story, “UK to implement further punishing economic measures on Belarus”. Available at: https://www.gov.uk/government/news/uk-to-implement-further-punishing-economic-measures-on-belarus#:~:text=The%20UK%20government%20will%20tomorrow,actively%20facilitate%20Putin's%20illegal%20invasion.

Inception date: 05 Jul 2022 | Removal date: open ended

Export ban

On 5 July 2022, the UK government introduced new sanction measures against Belarus due to their role in the invasion of Ukraine. Specifically, the UK government restricted the exports of luxury goods, oil refining goods, and advanced technology components, such as those used in quantum computing.

For other sanction measures, please see related interventions.

AFFECTED PRODUCTS

 
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(+ 632 more)
Inception date: 05 Jul 2022 | Removal date: open ended

Controls on commercial transactions and investment instruments

On 5 July 2022, the UK government announced new sanctions against Belarus due to their role in the invasion of Ukraine. Specifically, the government banned Belarusian companies from issuing debt and securities. This measure restricted Belarus’ access to the UK’s financial services sector.

For other sanction measures, please see related interventions.

 
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