The announcement was made one year to the day after the criticized re-election of Belarusian President Alexander Lukashenko, an election deemed ” fraudulent ” by Joe Biden. The US, UK and Canada have unveiled a new round of coordinated sanctions against Minsk. Personalities like companies are targeted.
Both the substance and the form of these sanctions are intended to be severe. It was in a statement from the White House that the signing by Joe Biden of a decree of new sanctions was announced. The goal is, according to the US Treasury, to hit corporations, entities and businessmen who function as “the wallets” of the regime.
This is the case of the Belarusian National Olympic Committee: the institution is accused by Washington of money laundering. Along with the United Kingdom, the United States is also sanctioning the state-owned Belaruskali company, a company valuable to the regime because it is one of the largest producers of potash in the world.
Targeted financial products
Canada specifically targets financial products. Finally, Ottawa, Washington and London jointly sanction exports of petroleum products. Businessmen from these crucial sectors are also targeted.
Joe Biden had received on July 28 at the White House the Belarusian opponent in exile Svetlana Tikhanovskaya , a strong mark of support for the one who claims to have won the presidential election of 2020.