Belarus

1971-07-05

Belarus

Additionally, OFAC designated the Belarusian directors of three previously designated Belarusian SOEs:  Andrei Alekseevich Rybakov, Andrei Nikolayevich Bunakov, and Igor Vasilyevich Lyashenko.  These three individuals are being designated pursuant to E.O. 13405 for acting or purporting to act for or on behalf of, directly or indirectly, respectively, Belneftekhim, Belshina OAO, and Grodno Azot OAO.  Belneftekhim was designated by OFAC in 2007 pursuant to E.O. 13405 for being owned or controlled by Lukashenka.  Belshina OAO and Grodno Azot OAO were designated by OFAC in 2011 pursuant to E.O. 13405 for being owned or controlled by Belneftekhim.  These three entities were previously covered under Belarus General License 2; however, given the sharply deteriorating human rights situation in Belarus, the United States government in April 2021 determined a further extension would be inconsistent with the Belarus Democracy Act and incompatible with American values.

https://home.treasury.gov/news/press-releases/jy0315

2021-08-09

US

Belarus Sanctions Regulations, 31 C.F.R. part 548; Executive Order 13405 Blocking Property of Certain Persons Undermining Democratic Processes or Institutions in Belarus

OFAC country specific

Belarus

Blocking Property, Suspending Entry

On February 3, 2010, OFAC issued the Belarus Sanctions Regulations, 31 CFR part 548 (75 FR 5502, February 3, 2010 (the “Regulations”), to implement Executive Order (E.O.) 13405 of June 16, 2006, “Blocking Property of Certain Persons Undermining Democratic Processes or Institutions in Belarus” (71 FR 35485, June 20, 2006), pursuant to authorities delegated to the Secretary of the Treasury in E.O. 13405. OFAC subsequently amended the Regulations twice. OFAC is amending and reissuing the Regulations to implement E.O. 14038 of August 9, 2021, “Blocking Property of Additional Persons Contributing to the Situation in Belarus” (86 FR 43905, August 11, 2021). In addition, this rule incorporates one directive issued pursuant to E.O. 14038. Due to the number of regulatory sections being updated or added, OFAC is reissuing the Regulations in their entirety.

SDN