Friday, August 12, 2011
The U.S. Departments of State and Treasury have announced the imposition of additional economic sanctions against four Belarusian companies: the Belshina tire factory; Grodno Azot, which manufactures fertilizer; Grodno Khimvolokno, a fiber manufacturer; and Naftan, a major oil refinery. The US government has determined that these four entities are owned or controlled by the Belneftekhim conglomerate, an entity already designated as subject to sanctions under U.S. Executive Order 13405. The additional sanctions are in response to the continued incarceration of political prisoners and crackdown on political activists, journalists and civil society representatives. The econcomic sanctions target those responsible for the repression in Belarus following the December 19 presidential elections. The new sanctions augment the travel restrictions, asset freezes and sanctions already in place since January 2011. More information regarding these sanctions may be found at the website of the Office of Foreign Assets Control.