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ARTICLE · 22 DECEMBER 2025

Treasury Authorizes Transactions With Belarusian Potash Companies

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On December 15, 2025, the Department of the Treasury's Office of Foreign Assets Control ("OFAC") issued Belarus General License 13...

GlobalInternational Law
Erik Woodhouse
Erik Woodhouse
Sophie Davis
Sophie Davis

On December 15, 2025, the Department of the Treasury's Office of Foreign Assets Control ("OFAC") issued Belarus General License 13, "Authorizing Transactions Involving Joint Stock Company Belarusian Potash Company, Agrorozkvit LLC, and Belaruskali OAO." The general license authorizes all transactions prohibited by the Belarus Sanctions Regulations, 31 CFR part 548 ("BSR"), involving Joint Stock Company Belarusian Potash Company, Agrorozkvit LLC, Belaruskali OAO, and any entity in which one or more of these entities own, directly or indirectly, individually or in the aggregate, a 50 percent or greater interest. However, the general license does not authorize the unblocking of any blocked property, nor does it permit transactions involving any other blocked persons under the BSR beyond the three specifically named entities and their majority-owned subsidiaries.

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