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Belarus

The UK, US, EU and many other countries have imposed economic sanctions in response to the involvement of Belarus in Russia’s invasion of Ukraine.

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The UK, US, EU and many other countries have imposed economic sanctions in response to the invasion of Ukraine in 2022, targeting specific sectors of the Belarusian economy and individuals. For more details on the sanctions, please check the UK government press release UK imposes sanctions on Belarus for its role in the Russian invasion of Ukraine, the Restrictive measures against Belarus page on the EU website and the Belarus Sanctions page on the US Department of the Treasury website.

To find out more about what the sanctions mean for accountants, please check our Ukraine crisis: central resource hub.

Latest on the crisis in Ukraine

Our latest ICAEW Insights articles on the crisis in Ukraine and its impact on the region.

New unit helps businesses comply with UK trade sanctions
  • Article
  • 22 Oct 2024
The Office of Trade Sanctions Implementation has new and enhanced powers to crack down on businesses in breach and make sure UK sanctions are effective.
Influencing policy to support you: May 2024
  • Article
  • 31 May 2024
ICAEW has been meeting with MPs to discuss economic growth and the opportunities offered by technology, as well as giving evidence to parliament on audit reform and the effectiveness of sanctions on Russia.
UK government outlines new sanctions strategy
  • Article
  • 11 Mar 2024
Two years on from the start of the war in Ukraine, the UK government has set out a sanctions strategy that strengthens its capability.
Russia exit failures put businesses on the back foot
  • Article
  • 03 Apr 2023
Following the invasion of Ukraine, many companies pledged to withdraw their business operations from Russia. A year on, many are still there, risking stakeholder revolts.
View more

Sanctions on Belarus

The UK, US, EU and many other countries have imposed economic sanctions on Belarus in response to its support of Russia's invasion of Ukraine in 2022, targeting specific sectors of the Belarusian economy and individuals.

To find out more about what the sanctions mean for accountants, please check our Ukraine crisis: central resource hub.

 

EU restrictive measures against Belarus
  • European Council

Information on the latest sanctions against Belarus agreed by the European Council. Includes a Timeline of EU restrictive measures, including existing measures imposed prior to March 2022.

EU sanctions whistleblower tool
  • European Commission

Use this tool to anonymously share information about possible violations of EU sanctions on the European Commission's secure online platform.

Japan – Response to the situation in Ukraine
  • Ministry of Foreign Affairs of Japan

Summary of measures by the Japanese govenment, including financial sanctions imposed on Russia and Belarus, and restrictions on visa issuance.

New Zealand – Russian invasion of Ukraine
  • New Zealand Foreign Affairs and Trade

Latest updates on the Russia Sanctions Act, export controls and travel bans imposed on individuals and organisations.

UK Sanctions List
  • GOV.UK
Find out which people, entities and ships are designated or specified under regulations made under the Sanctions and Anti-Money Laundering Act 2018, and why.
UK sanctions relating to the Republic of Belarus
  • GOV.UK

UK government guidance on the UK's current sanctions regime relating to Belarus.

US – Belarus sanctions
  • US Department of the Treasury

Information on the sanctions imposed against Belarus by the US Government, including existing measures imposed prior to February 2022.

Disclaimer

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Topics in depth

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Doing business in Belarus
Find business guides, support networks and help on importing and exporting.
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Tax in Belarus
Look up tax rates, the latest tax news and information on double taxation treaties.

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