Belarus

Mulyavina Boulevard 6, Minsk, 220005, Belarus; D. 28, Nezhiloe pomeshchenie, ul. Kuzmy Minina, Minsk, 220014, Belarus

192039638, Tax ID No.

Republican Production and Trade Unitary Enterprise Management Company of the Holding Belarusian Cement Company (BCC) is a state-owned enterprise that unites large cement plants in Belarus into a collective holding with a combined production capacity of approximately 5 million tons per year. Reduced export volumes to the European Union (EU) following sectoral EU sanctions in June 2022 have resulted in BCC increasing its exports to Russia to compensate. BCC exported a record 2.3 times more cement to Russia in April 2023 than in April 2022. OFAC is designating BCC 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 Government of Belarus (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