EU Adopts New Restrictive Measures Against Belarus

On June 29, 2024, the European Union ("EU") adopted new restrictive measures (sanctions) against Belarus in view of the regime's involvement in Russia's war of aggression against Ukraine. These measures aim at aligning sanctions against Belarus with those already in place against Russia, and thereby address sanctions circumvention stemming from the high integration between the Russian and Belarusian economies. In particular, some of them mirror restrictions introduced as part of the 14^th sanctions package against Russia adopted on 24 June 2024 (e.g., compliance requirements, best efforts obligations, "No-Belarus clause"). For more information on the 14^th Russia sanctions package, please see our previous alert.