Tag Archives: Belarus

BIS Amends the EAR To Implement Additional Sanctions Against Russia and Belarus and To Revise Existing Export Controls on Russia, Belarus and Iran

By Trade Practitioner on Posted in Export Controls & Sanctions, Iran, Russia, US, US Regulation
On January 25, 2024, the US Department of Commerce Bureau of Industry and Security (BIS) published amendments to the Export Administration Regulations (EAR) expanding the sanctions against Russia and Belarus through new and revised licensing requirements. The amendments also refined existing export controls on Russia, Belarus and Iran to enhance the effectiveness of, and better … Continue Reading

BIS Amends the EAR to Impose Additional Sanctions Against Russia and Belarus and to Impose Additional Export Controls on Iran

By Trade Practitioner on Posted in Export Controls & Sanctions, Iran, Russia
Sanction, toned photoOn Friday, February 24, 2023, the US Department of Commerce, Bureau of Industry and Security (BIS) published in the Federal Register four new Final Rules amending the Export Administration Regulations (EAR) (15 CFR parts 730-774) to implement additional sanctions against Russia and Belarus, refine existing controls, implement export control measures on Iran, and add new entities to the … Continue Reading

BIS Amends Export Administration Regulations with Respect to Russia and Belarus

By Trade Practitioner on Posted in Export Controls & Sanctions, Russia, Ukraine
On Tuesday, April 12, 2022, the US Department of Commerce, Bureau of Industry and Security (BIS) published in the Federal Register a Final Rule amending the Export Administration Regulations (EAR) (15 CFR parts 730-774) to add four additional countries to the list of countries excluded from certain license requirements (Supp. No. 3 to part 746) … Continue Reading

US Office of Foreign Assets Control (OFAC) Temporarily Extends Belarus-related General License

By Trade Practitioner on Posted in Export Controls & Sanctions, US
On October 22, 2019, OFAC issued General License No. 2G – General License with Respect to Entities Blocked Pursuant to Executive Order 13405, extending the expiration date of the general license to April 26, 2021. General License No. 2G replaces General License No. 2F and authorizes transactions with blocked entities by Belerusian Oil Trade House, Belneftekhim,  Belneftekhim USA, Inc., Belshina OAO, … Continue Reading

OFAC Issues Belarus General License 2F

By Trade Practitioner on Posted in Export Controls & Sanctions
On October 24, 2018, Office of Foreign Assets Control (OFAC) announced that, together with the Department of State, it is extending the Belarus General License 2F’s expiration date. The general license authorizes transactions with certain entities in Belarus pursuant to Executive Order 13405. However, the general license does not authorize the release of blocked property. The expiration date for the general … Continue Reading

Belarus

By Trade Practitioner on Posted in Export Controls & Sanctions
EU foreign ministers are expected to lift the majority of EU sanctions against Belarus when they meet at the end of February. The move follows a four-month suspension on assets freezes and travel bans against 170 individuals, including the country’s president Alyaksandar Lukashenka, and three companies. These restrictive measures date back to 2004 and were … Continue Reading

US and EU Ease Economic Sanctions Against Belarus

By Trade Practitioner on Posted in EU, Export Controls & Sanctions, US
Following the recent, closely watched elections in Belarus, in which President Alexander Lukashenko was elected to his fifth term in office, both the US and EU adopted measures suspending some economic sanctions against the country. On 30 October 2015, the Council published Council Implementing Regulation 2015/1948 which suspends financial sanctions, including asset freezes, imposed against … Continue Reading

Non-Member States Adopt EU Changes to Belarus and North Korea Sanctions

By Trade Practitioner on Posted in EFTA, EU, Europe & Central Asia, Export Controls & Sanctions, Ukraine
EU candidate countries the former Yugoslav Republic of Macedonia, Montenegro, Serbia and Albania and potential candidate Bosnia and Herzegovina have aligned their national sanctions policies with the latest amendments to the EU sanctions in place with respect to Belarus and the Democratic People’s Republic of Korea. These countries have been joined by the EFTA countries … Continue Reading
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