Global Trade Alert
Global Trade Alert

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

Announcement

30 Jun 2024

In June 2024, the EU adopted additional sanctions against Belarus in the context of the Russian invasion of Ukraine. The package includes extended export and import bans, financial and sectoral sanctions.

Source

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Number of interventions

6

6 certainly harmful

0 likely harmful

0 liberalising

List of interventions

6 in force

Implementation date

01 Jul 2024

Revocation date:

No revocation date

Export ban In force

On 30 June 2024, the European Union adopted Council Regulation (EU) 2024/1865 extending the list of products subject to an export ban to Belarus. The measure forms part of the new round of sanctions a...

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Import ban In force

On 30 June 2024, the European Union adopted Council Regulation (EU) 2024/1865 extending the list of products subject to an import ban from Belarus. The measure forms part of the new round of sanctions...

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Import ban In force

On 30 June 2024, the European Union adopted Council Regulation (EU) 2024/1865 prohibiting the import of gold, diamonds and related products from any third country as long as they contain gold and diam...

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FDI: Entry and ownership rule In force

On 30 June 2024, the European Union adopted Council Regulation (EU) 2024/1865 prohibiting undertakings owned for at least 25% by Belarusian natural or legal persons to "be admitted to become a road tr...

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FDI: Treatment and operations, nes In force

On 30 June 2024, the European Union adopted Council Regulation (EU) 2024/1865 prohibiting undertakings owned for at least 25% by Belarusian natural or legal persons to "transport goods by road within ...

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Controls on commercial transactions and investment instruments In force

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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