Amends its sanction package against Belarus
29 Jun 2024
On 29 June 2024, the European Union amended its sanctions package against Belarus, revising the provisions of Council Regulation (EU) No. 765/2006. The new package prohibits any new investments, financing, joint ventures, or investment services in the Belarusian energy sector. It also bans the provision of business services and software to the State and related entities. Restricted services include accounting, consulting, legal advisory, IT consultancy, and more. Software restrictions cover enterprise management and industrial design. The ban does not extend to private entities. Associated restrictions also apply to technical assistance and financial services related to the banned software and services.
The new sanctions package also includes new export restrictions on industrial goods, maritime navigation equipment, and technology suitable for use in oil refining and liquefaction of natural gas, as well as luxury goods, and import restrictions on Belarusian crude oil, gold, diamonds, and other goods.
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Type:
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Treatment and operation (Operational conditions)
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Industry:
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Primary (Mining and quarrying)
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Services (Electricity, gas, steam and air conditioning supply, Computer programming, consultancy and related activities, Financial and insurance activities, Legal and accounting activities)
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