Foreign investors of these companies in Belarus are prohibited from selling their business or somehow recover their assets.
The Belarusian government has published a list of 190 Belarusian companies whose foreign investors are subject to counter-sanctions in the country. It was learned on Tuesday, July 5th.
“In order to protect the interests of the Republic of Belarus, the shares were blocked in the depot accounts of their owners according to the list based on the order of the Ministry of Finance to impose restrictions on the disposal of securities,” the resolution . of the Council of Ministers of Belarus, published on the website of the country’s National Legal Internet Portal, says.
According to the document, which has already been implemented, foreign investors of these companies in Belarus are prohibited from selling their business or somehow withdraw their assets.
190 companies with foreign capital fell under the restrictions, including: Euroopt, Dana Astra, LUKOIL Belarus, EPAM Systems, Lidskoye Pivo, Minsk Watch Plant, Mozyrsol, Lidselmash, Mattioli, REMONDIS Minsk, HENKEL BAUTEKHNIK, Kommunarka, SPARTAK and others.
The list also includes Belarusian-owned companies that own shares through companies abroad.
Recall that the EU hopes to agree on a seventh package of sanctions against Russia and Belarus by the end of July.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.