OFAC to Revoke Belarus General License
The Office of Foreign Assets Control will revoke a Belarus-related general license that authorizes certain transactions with nine sanctioned state-owned entities, OFAC and the State Department said April 19. OFAC issued Belarus General License 2H, replacing License 2G (see 1910220027), which authorizes a 45-day wind-down period for transactions with those entities and any entities in which they own at least 50%. The wind-down period will end 12:01 a.m. June 3.
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The general license had been renewed annually since 2015 due to “notable progress” by the Belarusian government on human rights, the State Department said. But the agency said it “fully supports” OFAC’s decision to end the license, which is a “further consequence” for recent human rights violations committed by the Belarusian government (see 2012230030). The nine sanctioned entities “finance and support” Belarusian leader Alexander Lukashenko and his regime, said the State Department, which had been urging OFAC against renewing the license (see 2103310041). “We commit to working together with the international community to further promote accountability for those responsible for human rights violations and abuses in Belarus,” the agency said.