Belarus

1975-05-12

Belarus

MP3379320, Passport; 3120575A040PB3, National ID No.

Rada is led by its Commercial Director Dmitry Olegovich Ishchenko (Ishchenko), a Russian national, and its Belarusian Director Ivan Nikolaevich Nareiko, while RubiStar is represented by its Belarusian Director, Evgeniy Ivanovich Mikholap (Mikholap). OFAC is designating Rada, RubiStar, Ishchenko, Nareiko, and Mikholap pursuant to E.O. 14038 for operating or having operated in the transportation sector of the Belarus economy. OFAC is also designating Rada, RubiStar, Ishchenko, Nareiko, and Mikholap pursuant to E.O. 14024 for operating or having operated in the defense and related materiel sector of the Russian Federation economy. On June 12, 2024, Treasury broadened the definition of Russia’s military-industrial base to include all persons blocked pursuant to E.O. 14024. This means that foreign financial institutions risk being sanctioned for conducting or facilitating significant transactions, or providing any service, involving any person blocked pursuant to E.O. 14024. Foreign financial institutions face sanctions risk for continuing to facilitate transactions involving Russia’s military-industrial base. Financial institutions should review OFAC’s updated sanctions advisory for practical guidance on how to identify sanctions risks and implement corresponding controls.

https://home.treasury.gov/news/press-releases/jy2533

2024-08-09

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