EU sanctions Belarusian factories and banks supporting Putin's invasion of Ukraine

The new steps targeting Lukashenko's regime are part of the 18th EU sanctions package against Russia, the introduction of which was announced by Brussels on Friday morning.

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The European Union has imposed new sanctions against Belarusian companies and financial institutions supporting Russian aggression against Ukraine. The restrictions apply to eight plants producing drones and optical-electronic equipment.

The sanctions include freezing their assets within the territory of member states and prohibiting them from providing financial support or accessing other resources from EU countries.

EU adopts 18th package of sanctions banning all transactions with four Belarusian banks

Kaja Kallas, the High Representative for Foreign Affairs and Security Policy and President of the Foreign Affairs Council, calls this package "the toughest" and says that "each sanction… pic.twitter.com/bz4WSDFi6C

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Additionally, restrictions have been imposed on four Belarusian banks that were previously disconnected from the SWIFT system. Transactions with these banks are now completely prohibited.

According to available data, nearly 300 Belarusian plants currently fulfill orders from the Russian military-industrial complex, which helped avoid an economic collapse in this sector and prevented mass unemployment in the country.

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Source: PAP, IAR