Belarus

Information as of: 25th October 2021

Latest Updates
UN
US  
EU
UK On the 14 Oct 2021 the UK adopted the Republic of Belarus (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2021 (S.I. 2021/1146),. The legislation revokes and replaces the Republic of Belarus (Sanctions) (EU Exit) (Amendment) Regulations 2021 (S.I. 2021/922). The new legislation maintains the amendments made by S.I. 2021/922 as well as reinstating a prohibition on the transfer of ‘restricted technology’ (that was deleted from the regime in error) and corrects errors in relation to the application of exceptions for authorised conduct in the Channel Islands, Isle of Man or British Overseas Territories.
Arms Embargo
UN No
US 58 FR 39280 22 July 1993
EU Reg 588/2011 , CFSP 2019/325 CFSP 2020/214
UK The Belarus (Sanctions) (EU Exit) Regulations 2019 wef: 31 Dec 2020.
Further Details
UN No
US Targeted sanctions & accompanying guidance, recently extended by the U.S. President under the National Emergencies Act (10 Jun 2016).General Licence No. 2E allowing transactions with certain entities blocked pursuant to EO 13405, effective until Oct 2018. The General License 2F extends General License 2E until 25 Oct 2019, authorising transactions with certain entities blocked pursuant to Executive Order (E.O.) 13405. This general license does not authorise the release of property blocked pursuant to E.O. 13405. All restrictive measures extended for a further year as at 13 June 2019. All restrictive measures stated under EO13405 were extended from 11 June 2020 for a further year.  Restrictions under EO 13405 were renewed again until 16 June 2022 On the 9 August 2021 OFAC introduced the "Blocking Property of Additional Persons Contributing to the Situation in Belarus”, which expands the scope of the declared national emergency EO13405 to include sectoral sanctions.
EU Assets freeze on President Lukashenko & officials responsible for violations of international electoral standards. Reg 588/2011 (Jun 2011) amends designated entities & introduced arms embargo. Reg (EC) 765/2006 amended so that asset freeze applies to names added. Reg 2015/1948 effective 30 Oct 2015 suspends sanctions for a number of individuals, entities and bodies. Asset freeze and travel bans extended by EU Council Decision (CFSP) 2018/280 until 20 Feb 2019, though only related to four individuals. Reg (EU) 2016/276 removes sanctions against President Lukashenko (President Lukashenko re-designated 6 Nov 2020), 3 defence companies and 169 others, in relation to whom sanctions had been suspended since 31 October 2015. Restrictive measures were extended until 28 Feb 2020, under CFSP 2019/325, in respect of arms embargo and 4 SDN's. Arms embargo and asset freeze measures are renewed until 28 Feb 2021 under CFSP 2020/214Measures renewed until 28 Feb 2022 under (CFSP) 2021/353. In Oct, Nov & Dec 2020 various individuals and entities, including President Alexandr Lukashenko, were designated further to the Presidential elections and subsequent repression and intimidation of peaceful demonstrators, opposition members and journalists. The EU has introduced EU 2021/907 (amending (EC) 765/2006) a ban on the overflight of EU airspace and access to EU airports, including landing and take-off, by any aircraft operated by Belarusian air carriers, including marketing carriers; following the forced landing of a Ryanair flight in Minsk on 23 May 2021, and the detention of journalist Raman Pratasevich and Sofia Sapega. Further measures were introduced on the 24 Jun 2021 under Council Reg (EU) 2021/1030 and (CFSP) 2021/1031 which prohibits insurance and re-insurance to the Belarus government / public bodies, as well as restrictions the sale or export  of equipment intended for monitoring the internet or telephone communications; dual-use goods and technologies for military use as well as restricted access to EU capital markets, petroleum products, potassium chloride, and tobacco products. The framework also prohibits insurance and re-insurance to the Belarussian government and Belarusian public bodies and entities, however, the EU regime allows for the grandfathering of existing petroleum contracts concluded before 25 June 2021 or ancillary contracts necessary for the execution of such contracts.
UK The Belarus (Sanctions) (EU Exit) Regulations 2019 incorporates EU sanctions into UK law wef: 31 Dec 2020  On the 9 August 2021 OFSI extended the restrictive measures under Republic of Belarus (Sanctions) (EU Exit) (Amendment) Regulations 2021 to include aviation measures to prevent Belarusian air carriers from overflying/landing in the UK, trade restrictions on petroleum products, interception/monitoring goods and technology, goods used in cigarette manufacturing and dual-use goods and technology and the prohibition on the purchase of Belarusian state and state-owned bank-issued transferable securities and money-market instruments, and the provision of loans. The restrictive measures also extend to the provision of insurance and reinsurance. The prohibition does not prohibit compliance with insurance and reinsurance agreements concluded before 9 August 2021. On the 14 Oct 2021 the UK adopted the Republic of Belarus (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2021 (S.I. 2021/1146),. The legislation revokes and replaces the Republic of Belarus (Sanctions) (EU Exit) (Amendment) Regulations 2021 (S.I. 2021/922). The new legislation maintains the amendments made by S.I. 2021/922 as well as reinstating a prohibition on the transfer of ‘restricted technology’ that was deleted from the regime in error and corrects errors in relation to the application of exceptions for authorised conduct in the Channel Islands, Isle of Man or British Overseas Territories.
This information has been collated by the International Underwriting Association of London and is intended as a guide only. The IUA does not accept any liability for the accuracy of this information.
This publication is intended to convey only general information about sanctions legislation and associated insurance coverage. It is not, and is not intended to be, a complete statement of the law relating to this area. It should not be relied on or be used as a substitute for legal advice in relation to any particular set of circumstances. Accordingly, IUA does not accept any liability for any loss which may arise from reliance on this information.