U.S. bans operations with largest enterprise of Belarus

Baku, Fineko/ The European Union and the United States have imposed sanctions against the administration of President Alexander Lukashenko in response to events that followed the presidential elections in this country on 19 December 2010.

The U.S. State Department announced the completion of the instrument permitting U.S. citizens to transact with Lakokraska OJSC and Polotsk Glass Fiber OJSC which are both the subsidiaries of state petrochemical concern Belneftekhim.

"All deals with Belneftekhim have been blocked up to date," the U.S. State Department informed. The U.S. also expands much the list of Belarusian officials, who will be denied entry into the country. In the focus of the ban are those "who is responsible for the actions and policies related to the events of 19 December".

"The U.S. is also working on the introduction of financial sanctions against a number of Belarusian citizens," the State Department reported.

The European Union imposes sanctions against 158 representatives of Belarusian authorities, including President Alexander Lukashenko. They are prohibited from entry into the EU.


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