2 years ago

Belarus Targeted in New Sanctions Round

The U.S. has imposed a new round of sanctions on Belarus, targeting the regime of President Alexander Lukashenko for its continued support of Russia’s war in Ukraine and for its crackdown on Belarus’s pro-democracy movement. Mr. Lukashenko’s regime “relies on state-owned enterprises and key officials to generate substantial revenue that enables oppressive acts against the Belarusian people,” said Brian Nelson, an undersecretary at the U.S. Treasury Department. In addition to Mr. Lukashenko’s presidential aircraft, the U.S. sanctions target two major sources of revenue for his regime: Belarusian Automobile Plant, known BelAZ, and Minsk Automobile Plant, known as MAZ. Mr. Lukashenko has described BelAZ, a producer of dump trucks founded when Belarus was in the Soviet Union, as part of the country’s “national legacy.” MAZ is one of the largest automobile makers in Belarus.

Live Mint

Discover Related