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Finance
Press release3 August 2023Directorate-General for Financial Stability, Financial Services and Capital Markets Union1 min read

Russia's illegal war of aggression against Ukraine: EU agrees to extend the scope of sanctions on Belarus to fight circumvention

The European Commission welcomes today's adoption by the Council of further targeted restrictive measures arising from Russia's illegal invasion of Ukraine, and in response to Belarus's involvement in the aggression.

In particular, the new measures create a closer alignment of EU sanctions targeting Russia and Belarus and will help to ensure that Russian sanctions cannot be circumvented through Belarus.

The measures expand the ban on exports to Belarus to a number of highly sensitive goods and technologies which contribute to Belarus's military and technological enhancement. The Council also imposes an additional export ban on firearms and ammunition, and on goods and technology suited for use in aviation and the space industry. The changes also align the Belarus sanctions with the Russia sanctions regime.

Press release - Russia's illegal war of aggression against Ukraine: EU agrees to extend the scope of sanctions on Belarus to fight circumvention