The Council adopted a new set of sanctions against Belarus, in view of its involvement in Russia's illegal war of aggression against Ukraine.
The new measures are tailored in view of the specific characteristics of EU-Belarus trade and affect various sectors of the Belarusian economy, including trade, services and transport. This allows for an effective strategy in combating circumvention, while ensuring that the measures are proportionate to the level of Belarus' involvement in Russia’s war of aggression against Ukraine. The new measures enable EU operators to claim compensation for damages caused by Belarusian entities linked to sanctions implementation and expropriation.
The sectoral measures against Belarus were last amended in August 2023 to align them further with the sanctions against Russia.
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Details
- Publication date
- 29 June 2024
- Author
- Directorate-General for Financial Stability, Financial Services and Capital Markets Union