• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 42 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 8 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 18 hours "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 24 hours Bankruptcy in the Industry
  • 2 days The United States produced more crude oil than any nation, at any time.

Britain To Slap New Sanctions On Belarus For Aiding Russian Invasion

The British government says it will introduce a new round of economic, trade, and transport sanctions on Belarus and the regime of authoritarian ruler Alyaksandr Lukashenka.

In a statement on July 4, the British Foreign Office said the package of sanctions "extends some of the significant measures made against Russia to Belarus."

It said the new sanctions will be formally announced and take effect on July 5.

Western governments have imposed financial sanctions on Russia to punish it for its unprovoked invasion of Ukraine.

Belarus is not a direct participant in the war, but it has provided logistical aid to Russian troops, many of whom crossed the border into Ukraine from Belarus, leading the West to also impose sanctions on Minsk.

The statement said the British government will also restrict "Belarus's access to the U.K.'s world-class financial services sector -- banning more Belarusian companies from issuing debt and securities in London."

"The Belarus regime has actively facilitated [Russian President Vladimir] Putin's invasion, letting Russia use its territory to pincer Ukraine -- launching troops and missiles from their border and flying Russian jets through their airspace," the statement said.

Lukashenka "has also openly supported the Kremlin's narrative, claiming that Kyiv was 'provoking Russia' in order to justify Putin's bloody invasion."

British Prime Minister Boris Johnson, while plagued by a series of scandals at home, has taken a leading role among Western states in hitting Russia and Belarus with sanctions following the Kremlin's invasion of Ukraine.

The Foreign Office said the new action built on the "wide-ranging measures" the government had imposed on Minsk, including a 35 percent increase on tariffs on a range of goods originating from Belarus.

It has also placed sanctions on Lukashenka and senior government officials "for their continued human rights violations and undermining of democracy."

Lukashenka, 67 years old and in power since 1994, has tightened his grip on the country since the 2020 election by arresting -- sometimes violently -- tens of thousands of people. Fearing for their safety, most opposition members have been forced to flee the country.

ADVERTISEMENT

The West has refused to recognize the results of the election and does not consider Lukashenka to be the country's legitimate leader.

Many countries have imposed several rounds of sanctions against his regime in response to the suppression of dissent in the country.

By RFE/RL

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News