North Macedonia, Montenegro, Albania, Iceland, Norway join EU sectoral sanctions against Belarus
MINSK, Jul 14 - PrimePress. North Macedonia, Montenegro, and Albania (candidates for accession to the European Union), Iceland and Norway (members of the European Free Trade Area) joined on June 24, 2021 the EU targeted economic sanctions against Belarus, High Representative of the European Union for Foreign Affairs and Security Policy. The EU has taken note of and welcomed this decision, Vice President of the European Commission Josep Borrell said in the statement released on July 13, 2021.<br> <br> As previously reported, on June 24, 2021, the EU Council imposed sanctions against the largest sectors of the Belarusian economy for escalating human rights violations in Belarus and the incident with the forced landing of the Ryanair plane in Minsk on May 23, 2021.<br> <br> The EU Council prohibited to directly or indirectly purchase, sell, provide investment services for or assistance in the issuance of, or otherwise deal with transferable securities and money-market instruments with a maturity exceeding 90 days, issued after 29 June 2021. The ban targets bonds issued by Belarus, Belarus’ government, its public bodies, corporations or agencies. The government of Belarus, state agencies, corporations, or agencies, and entities acting at their direction are prohibited from being insured or reinsured by the EU. Also prohibited are any payments or disbursements by the EIB in connection with any existing agreements with the Republic of Belarus or its state agencies, continuation of EIB contracts for technical assistance services. End<br> <br>
2021-07-14
Primepress
North Macedonia, Montenegro, Albania, Iceland, Norway join EU sectoral sanctions against Belarus
As previously reported, on June 24, 2021, the EU Council imposed sanctions against the largest sectors of the Belarusian economy for escalating human rights violations in Belarus and the incident with the forced landing of the Ryanair plane in Minsk on May 23, 2021.
The EU Council prohibited to directly or indirectly purchase, sell, provide investment services for or assistance in the issuance of, or otherwise deal with transferable securities and money-market instruments with a maturity exceeding 90 days, issued after 29 June 2021. The ban targets bonds issued by Belarus, Belarus’ government, its public bodies, corporations or agencies. The government of Belarus, state agencies, corporations, or agencies, and entities acting at their direction are prohibited from being insured or reinsured by the EU. Also prohibited are any payments or disbursements by the EIB in connection with any existing agreements with the Republic of Belarus or its state agencies, continuation of EIB contracts for technical assistance services. End