Today, June 4, the EU economic sanctions against the Belarusian regime of March 2, 2022, came into full force.
The fact is that, according to the decision of the EU Council, contracts made before the introduction of economic sanctions on March 2 can be fulfilled or terminated no later than June 4, 2022.
This means that since today, all contracts for exports from Belarus to the EU of wood, iron, steel, rubber, as well as cement and potash products are completely suspended. In addition, exports of technological products are restricted, it is forbidden to supply goods and technologies to Belarus that may contribute to military and technical reinforcement or development of the defense industry, to provide technical or financial assistance, and to provide broker services.
We should note that today all the consequences that are indicated in the sanctions document come. A few examples showing that sanctions do work:
❌ Today, the Lithuanian Railways completely stop the transportation of Belarusian wood, metals and rubber;
❌ Siemens Industrial Turbomachinery AB, which produces steam and industrial gas turbines, stops its activity in Belarus. Several sources confirmed this information to @motolkohelp.
We are talking about the fact that the company terminated the contact with Belenergo, and supplies and service of turbines at Belarus’ power stations and thermal power stations have been terminated. Their turbines are installed at Biarozauka power station, Navapolatsk TPP, Minsk TPP-5, Lukoml power station, and dozens of other TPPs across the country.
Moreover, the termination of contacts may also affect the work of the Belarusian Nuclear Power Plant (BelNPP):
"A couple of years ago, a delegation from Vitebskenergo flew to Switzerland to negotiate about the standby power supply for the power system. They were to be used in case of emergency shutdown of BelNPP. It turns out that there may be problems in this case, too," sources say.
❌ Grodno plant of building materials stops deliveries of gas silicate blocks to Lithuania and Poland;
❌One of the sawmills in Grodno stops its activity because of the ban on the supply of boards to the EU countries;
And this is not a full list of what happened today…
If you can tell us how sanctions have affected your business or company, please contact us via @motolko_bot or the contact form below.
На русском языке:
Siemens разорвала контракт с Белэнерго, а ЛЖД прекратила перевозку беларусской древесины
На беларускай мове: Siemens разарвала кантракт з Белэнерга, а чыгунка Літвы спыніла перавозку беларускай драўніны