CURRENT AFFAIRS

Detailed explanation-1: -WASHINGTON - As part of the United States’ serious and expansive response to Russia’s further invasion of Ukraine, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning 24 Belarusian individuals and entities due to Belarus’s support for, and facilitation of, the invasion.

Detailed explanation-2: -On December 2, 2021, Canada announced further sanctions against an additional 24 Belarusian individuals and 7 entities by amending the Regulations. These actions were taken in coordination with the European Union, United Kingdom and United States.

Detailed explanation-3: -Various Belarusian officials, businesspeople with links to the authoritarian regime of Alexander Lukashenko and their companies have been subject to various sanctions involving asset freeze and travel bans.

Detailed explanation-4: -A tranche of new trade sanctions on Belarus was introduced on 5 July 2022. The full details of the new measures, which augment the sanctions measures introduced in 2019, can be found in The Republic of Belarus (Sanctions) (EU Exit) (Amendment) Regulations 2022.