Belarus

GSP, K. Marx Street, 16, Minsk, 220030, Belarus

100377850, Tax ID No.

Belarusian Production and Trade Concern of Timber Woodworking and Pulp and Paper Industry (Bellesbumprom)is a state-owned enterprise whose activities are divided into three sectors: (1) logging, including procurement and hauling of timber and its cross-cutting; production of industrial wood and wood products; production of sawlog, veneer, matchbox and technological raw materials; and resin extraction; (2) pulp and paper industry specialized in the production of cardboard and paper products with over 20 types of paper and cardboard; and (3) woodworking and furniture production. OFAC is designating Bellesbumprom pursuant to E.O. 14038 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, the GoB.

https://home.treasury.gov/news/press-releases/jy1949

2023-12-05

US

Executive Order 14038 Blocking Property of Additional Persons Contributing to the Situation in Belarus

OFAC country specific

Belarus

Blocking Property, Suspending Entry, Trade sanctions

E.O. 14038. On August 9, 2021, the President, invoking the authority of, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), issued E.O. 14038. In E.O. 14038, the President expanded the scope of the national emergency declared in E.O. 13405, finding that the Belarusian regime's harmful activities and long-standing abuses aimed at suppressing democracy and the exercise of human rights and fundamental freedoms in Belarus including illicit and oppressive activities stemming from the August 9, 2020, fraudulent Belarusian presidential election and its aftermath, such as the elimination of political opposition and civil society organizations and the regime's disruption and endangering of international civil air travel—constituted an unusual and extraordinary threat to the national security and foreign policy of the United States.

SDN