The US prolonged sanctions for Belarusan enterprises

31.10.2015 | Politics

On October 29 the US Ministry of Finance informed about the prolongation and partial relaxation of sanctions against a number of Belarusan enterprises.

The decision extends to the companies Belarusian Oil Trade House, Belneftekhim and its affiliate Belneftekhim USA, Inc., Belshina OAO, Grodno Azot OAO, Grodno Khimvolokno OAO, Lakokraska OAO, Naftan OAO, Polotsk Steklovolokno OAO, Belorusneft, the statement said.

The sanctions imposed on Belarusian enterprises will be prolonged until April 30, 2016 but they will also be partially relived, the U.S. Department of the Treasury reported on October 29.

The companies’ property will remain blocked but transactions will be allowed, Euroradio informs. If the sum of their deals exceed $10 thousand, U.S. citizens will have to report it to the Department of the Treasury.

Let us recall that the sanctions were imposed on Belarus for human right violations in 2006.

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