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Sanctions against Belarus

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Belarus I. Introduction and summary On 16March 2022, the Swiss Federal Council, in view of Belarus’ involvement in Russia’s warfare in Ukraine, decided to adopt in full the extended sanctions against Belarus introduced by the EU on 2 and 9 March 2022. For this purpose, the Swiss Federal Council has approved the complete revision of the Ordinance on Measures against Belarus, which entered into force on 16 March 2022, at noon(the “Ordinance”). The newly adopted measures…

On March 8, Canada amended its sanctions measures imposed on Belarus by designating an additional 19 individuals and 25 entities in response to Belarus’ support for the Russian invasion of Ukraine. Nineteen Belarusian individuals have been listed under a new Part 1.1 of Schedule 1 which is a discrete section of Schedule 1 for individuals identified by the Government of Canada to be involved in grave breaches of international peace and security and consists of…

The Japanese government recently announced additional sanctions on the Russian Federation and the Republic of Belarus. On 8 March 2022, the Japanese government designated a further 20 individuals and two entities related to the Russian Federation, and 12 individuals and 10 entities related to the Republic of Belarus. On 11 March 2022, the Japanese government designated three banks from the Republic of Belarus, namely: Belagroprombank, Bank Debrabyt and the Development Bank of the Republic of…

On 9 March 2022, the EU announced the imposition of further sanctions against Russia and Belarus. In addition to the introduction of new restrictions (see below), the EU press release notes that the relevant amendments aim to create a closer alignment between sanctions in place against Russia and Belarus, so as to prevent circumvention of these sanctions. Russia Regulation (EU) 2022/394 (amending Regulation (EU) 833/2014) among others include the following amendments: Introduction of new product…