Restrictive Measures by Belarus Authorities Against Western Companies

Following the Presidential elections in Belarus in August 2020 and subsequent actions by the Belarusian authorities suppressing protests, relations between Belarus and both the European Union and US have deteriorated significantly. The EU and several other European states have imposed sanctions on Belarus’s government officials and commercial enterprises. Belarus responded by imposing counter-sanctions on individual Western companies and creating conditions that severely impact its neighboring states.

Currently, the Government of Belarus is still developing the ways in which its restrictive measures should work against countries and companies that Belarusian authorities suspect of taking unfriendly steps against Minsk. Those decisions already taken by the Government contain contradictions that will need to be clarified in the near future.

Should relations with the West deteriorate further, sanctions may be imposed more actively, although this would also negatively impact Belarus. Generally, Western companies operating in Belarus are coming under increased risks of being hit by sanctions.

Please follow the link to read the full overview of the recent developments in Belarus and recommendations for corporate GR functions, prepared by GCA member Kesarev.

Uncategorized
Kesarev

Ukraine’s Renewable Energy Crisis Rumbles On

In the coming days the Ukrainian Parliament (Verkhovna Rada) may begin to consider a draft law levying an increase in taxes on a range of business sectors,

Uncategorized
Kesarev

Coalition Crisis in Romania

Analysis & implications of the turmoil surrounding the split of Romania’s ruling coalition Political stability in Romania has taken a strong hit in recent days

Uncategorized
Kesarev

Alar Karis Elected President of Estonia

In a move that surprised many in terms of its smoothness and speed, the Head of the Estonian National Museum Alar Karis was last week

Uncategorized
Navos

Navos: New Structures For a New Decade

After ten years of growth: Agency expands its management structure with five associate partners Berlin, Düsseldorf, 11 August 2021. navos has grown steadily since it

Uncategorized
Kesarev

Moldova’s New Government

Almost a month after the Party of Action and Solidarity (PAS), supporting pro-EU Moldovan President Maia Sandu, scored a landslide victory during Moldova’s long-awaited snap

About the GCA

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.