The EU imposes new sanctions on Belarus for its involvement in the invasion of Ukraine

Compartir:

sanctions on Belarus

On Saturday, June 29, the European Union approved new sanctions on Belarus in response to the Lukashenko regime’s involvement in the Russian invasion of Ukraine. These sanctions on Belarus affect several key areas:

1) Trade
  • Ban on dual-use items: The ban on dual-use items, advanced technologies, maritime navigation goods, and luxury goods is extended.
  • Imports: The import of gold, diamonds, helium, coal, and mineral products, including crude oil, is prohibited.
2) Services
  • Service restrictions: Various services to Belarus, its government, and other related entities are prohibited. This includes accounting, auditing, architecture, engineering, IT consultancy, legal advisory, advertising, and product support services.
3) Transport
  • Road transport: The ban on road transport within the EU for Belarusian trailers and semi-trailers is expanded. Additionally, EU operators with Belarusian ownership exceeding 25% are prohibited from transporting goods by road within the EU.
Measures against evasion
  • “No Belarus” clause: The re-exportation of sensitive goods and technology to Belarus, as well as firearms and ammunition, is contractually prohibited.
  • Transit ban: The transit of dual-use items and other goods through Belarus is not permitted.
  • Due diligence: EU companies must have effective due diligence mechanisms to prevent their subsidiaries in third countries from circumventing the sanctions.
Protection of EU operators

EU operators can claim compensation for damages related to the implementation of the sanctions.

The adopted measures reflect the EU’s determination to address Belarus’s complicity in Russia’s aggression against Ukraine.

www.feliu.biz │ www.expatfeliu.com

Otras Noticias

OBLIGATIONS BEFORE THE CENTRAL BANK OF BRAZIL: FOREIGN CAPITAL AND BRAZILIAN CAPITAL ABROAD

Companies and individuals with international investments must pay close attention to their reporting obligations before the Central Bank of Brazil (BCB). Current regulations establish different mandatory declarations relating both to the receipt of foreign capital in Brazil and to the holding of Brazilian assets abroad, with specific deadlines and requirements depending on the volume of

Leer más »

TRADEMARK PROTECTION IN CHINA: THE KEY ROLE OF CUSTOMS

China is one of the world’s most strategic markets for manufacturing, exporting and international distribution of goods. However, it is also one of the environments where trademark protection is most critical. Counterfeiting, unauthorised use, unexpected shipment blockages or conflicts with distributors can lead to significant economic and reputational losses if preventive measures are not taken.

Leer más »

INFORMATION RETURNS: ETE / D-6 / 720 / 721

INFORMATION RETURNS REGARDING THE HOLDING OF ASSETS AND RIGHTS ABROAD AND INTERNATIONAL TRANSACTIONS Each year there is an obligation to report the holding of assets and rights located abroad, which must be filed with different authorities. These obligations, in order of filing deadline, are set out in the following information returns: ETE FORM Economic transactions

Leer más »
Scroll to Top
Privacy Overview
Feliu N&I

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Cookies necesarias

Las cookies necesarias tiene que activarse siempre para que podamos guardar tus preferencias de ajustes de cookies.

Analytics

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.