Global Trade Alert
Global Trade Alert

EU: Prohibition on supplying banknotes to Belarus and from using the country's road transport operators

Announcement

08 Apr 2022

In April 2022, the EU adopted additional financial and sectoral sanctions against Belarus. The measure forms part of a new sanctions package against Russia in the context of the attack on Ukraine and recent developments in the city of Bucha.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

08 Apr 2022

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

On 8 April 2022, the EU adopted Council Regulation (EU) 2022/577 prohibiting the supply and export of banknotes denominated in any official EU currency to Belarus. The measure expands the one prohibit...

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Import ban In force

On 8 April 2022, the EU adopted Council Regulation (EU) 2022/577 prohibiting road transport companies established in Belarus from operating in the EU. In particular, the measure forbids transporting g...

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