State Dept and OFAC Notices on New Sanctions on 4 Belarus Owned Enterprise
On August 11, 2011, the State Department announced additional, new economic sanctions against four major Belarusian state-owned enterprises: (1) the Belshina tire factory; (2) Grodno Azot, which manufactures fertilizer; (3) Grodno Khimvolokno, a fiber manufacturer; and (4) Naftan, a major oil refinery. These four entities have been determined to be owned or controlled by the Belneftekhim conglomerate, an entity already designated under Executive Order 13405. The intent to levy additional sanctions was announced by President Obama on May 27 to respond to the continued incarceration of political prisoners and crackdown on political activists, journalists and civil society representatives.
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The new sanctions augment the travel restrictions, asset freezes and sanctions announced on January 31. These measures target those responsible for the repression in Belarus following the December 19 presidential elections. The U.S., in concert with its European partners, will continue to monitor developments in Belarus and to take measures to hold accountable those responsible for the repression of fundamental freedoms and the rule of law.
Office of Foreign Assets Control notification of the sanctions - the listing of these entities as Specially Designated Nationals - available here.