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EU imposes personal sanctions on Belarus's BMZ

"The measures expand the ban on exports to Belarus to a number of highly sensitive goods and technologies which contribute to Belarus's military and technological enhancement," the European Commission said in a statement.

EU imposes personal sanctions on Belarus's BMZ

The European Union has imposed personal sanctions on three Belarusian legal entities, namely OJSC BMZ, the managing company of the BMC holding, Minsk Electrotechnical Plant named after V.I. Kozlov, and Belneftekhim Concern (a state agency that oversees the operation of major petrochemical enterprises).

Sectoral sanctions were imposed by the EU on a number of Belarusian exports. Since June 4, 2022, direct and indirect imports of products made of wood, timber, cement, cement products, iron, steel, and rubber are prohibited.

"The measures expand the ban on exports to Belarus to a number of highly sensitive goods and technologies which contribute to Belarus's military and technological enhancement," the European Commission said in a statement.

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SteelRadar Insight - Sayı 1 (Haziran 2024)

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