OFAC doubles down on sanctions against Belarusian regime
By Jeff Dale2023-08-10T19:01:00
The Treasury Department’s Office of Foreign Assets Control (OFAC) announced expanded sanctions against the Belarusian regime three years after the country’s disputed 2020 presidential election.
The sanctions target individuals and entities involved in the country’s ongoing “civil society repression, complicity in the Russian Federation’s unjustified war in Ukraine, and enrichment of repressive Belarusian regime leader Alyaksandr Lukashenka,” the Treasury said in a press release Wednesday.
OFAC sanctioned three state-owned enterprises, including Belarusian Steel Works, airline Belavia, and an aviation plant. Miami-based Bel-Kap-Steel, of which all voting capital is controlled by Belarus; a Canadair regional jet operated by Belavia; and Belarus’s supposed financial investigations watchdog were also designated.