The UK Sanctions Against Belarus

by Olha Povaliaieva
Monday, July 4, 2022
The UK Sanctions Against Belarus

Technology, energy, and a financial ban for the pro-Putin stance of the self-proclaimed president of Belarus

Oleksandr Lukashenko persistently leads the economy of his country to failure. For supporting Putin and promoting the war against Ukraine, on July 5, a package of British sanctions will come into force against Belarus. Sanctions will affect the economy, logistics, and trade of Belarus. The total damage to the economy of Belarus will be about $73 million.

  • An embargo on refined products and technologies;
  • An embargo on the export of designer goods (bags, jewelry, etc.), art and luxury goods;
  • An embargo on imports of iron and steel produced in Belarus;
  • Prohibition on the issuance of bonds and debentures in the UK.

We remind you that earlier the president of Russia accused the progressive states of pushing him to speed up the unification with Belarus.

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