U.S. Imposes Sanctions On Belarusian Firms | Chemical & Engineering News
Volume 89 Issue 34 | p. 22 | Concentrates
Issue Date: August 22, 2011

U.S. Imposes Sanctions On Belarusian Firms

Department: Business
Keywords: sanctions, Belarus

The U.S. government has imposed sanctions on four Belarusian firms owned by Belneftekhim Concern, which the U.S. Department of Treasury says is controlled by Belarus President Alexander Lukashenko. The firms are fertilizer maker Grodno Azot, nylon fiber maker Grodno Khimvolokno, refiner Naftan, and tire maker Belshina. With the moves, the U.S. assets of these firms are frozen and Americans are prohibited from commercial and financial dealings with them. The sanctions are a response to the incarceration of political prisoners and the crackdown on activists and journalists.

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