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Global Trade Alert

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EU: New sanctions against Belarus mirroring the sanctions against Russia to address circumvention issues

Description

On 30 June 2024, the European Union adopted Council Regulation (EU) 2024/1865 prohibiting EU individuals and organisations from acquiring Belarusian companies, providing financing or investment servic...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

01 Jul 2024

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Outward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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