BNK And Volat-Sanjiang Included In EU’s 20th Sanctions Package

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Фото: Tetiana SHYSHKINA, unsplash.com

Companies linked to Belarus’s military-industrial complex and the Lukashenka regime have been included in the European Union’s 20th sanctions package against Russia adopted on Thursday. The list has been published in the EU’s Official Journal.

For the first time under sanctions targeting the Belarusian regime, a Chinese state-owned company connected to the production of Belarusian military equipment has been designated, the Council of the EU said.

The sanctions list includes:

  • Volat-Sanjiang joint limited liability company,
  • Belarusian Oil Company (BNK),
  • China Space Sanjiang Group.

“China Space Sanjiang Group is a co-founder of Volat-Sanjiang and one of the two main partners of this joint venture. Volat-Sanjiang produces wheeled chassis for military equipment, including multiple launch rocket systems manufactured by MZKT. Therefore, China Space Sanjiang Group supports the Belarusian military-industrial complex by participating in the development and production of military technologies and equipment”, the sanctions rationale states.

In addition, the package includes previously adopted sanctions against Russia, including trade measures, legal remedies, restrictions related to cryptocurrencies, as well as limitations on the provision of cybersecurity and tourism services.

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