The Council of the European Union has announced new sanctions on Belarus in support of Russia’s aggression against Ukraine. These new restrictive measures affect some sectors of Belarus’ economy.
Firstly, the EU Council extended the ban on exports of dual-use goods and advanced technologies to Belarus. Additionally, restrictions were imposed on the export of luxury goods, maritime navigation goods, and technologies to the country.
Another hit was laid on certain services to Belarus such as accounting services, auditing services, architectural and engineering services advertising, market research and public opinion polling services. All of them are prohibited now.
Another blow was dealt to certain services in Belarus, such as accounting, auditing, architectural, engineering, advertising, market research, and public opinion poll services. These are now prohibited. In addition, the EU prohibits direct or indirect imports, purchases, or transfers of gold, diamonds, helium, coal, and mineral products, including crude oil, from Belarus.
