Western sanctions block $16-$18b worth of Belarusian exports to EU, US | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
June 05, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, JUNE 05, 2025
Western sanctions block $16-$18b worth of Belarusian exports to EU, US

Global Economy

Reuters
16 May, 2022, 10:25 am
Last modified: 16 May, 2022, 10:29 am

Related News

  • EU lifts economic sanctions on Syria
  • EU agrees 17th package of sanctions on Russia
  • If Trump lifts sanctions on Russia, what would it mean?
  • What Bangladesh stands to gain if Trump lifts sanctions on Russia
  • Belarus election likely extends Lukashenko's 30-year authoritarian rule

Western sanctions block $16-$18b worth of Belarusian exports to EU, US

Belarus and Russia were hit by sanctions after Moscow sent tens of thousands of troops into Ukraine on Feb. 24 from Russian and Belarusian territory in what it called a "special military operation" designed to demilitarise and "denazify" its neighbour

Reuters
16 May, 2022, 10:25 am
Last modified: 16 May, 2022, 10:29 am
Belarusian Prime Minister Roman Golovchenko attends a meeting with Russian Prime Minister Mikhail Mishustin in Moscow, Russia March 14, 2022. Sputnik/Alexander Astafyev/Pool via REUTERS
Belarusian Prime Minister Roman Golovchenko attends a meeting with Russian Prime Minister Mikhail Mishustin in Moscow, Russia March 14, 2022. Sputnik/Alexander Astafyev/Pool via REUTERS

Sanctions that have been imposed on Belarus have blocked $16-$18 billion worth of its annual exports to the West, the Belta news agency cited Belarusian Prime Minister Roman Golovchenko as saying late on Sunday.

Belarus and Russia were hit by sanctions after Moscow sent tens of thousands of troops into Ukraine on Feb. 24 from Russian and Belarusian territory in what it called a "special military operation" designed to demilitarise and "denazify" its neighbour. 

Ukraine and the West say the fascist allegation is baseless and that the war is an unprovoked act of aggression.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"Because of the sanctions, almost all of Belarus's exports to the countries of the European Union and North America have been blocked," Golovchenko said, according to a transcript of an interview with the Dubai-based Al Arabiya television published by the Belta state news agency.

"This ... comes to about $16 billion to $18 billion a year."

President Alexander Lukashenko has insisted that Belarus must be involved in negotiations to resolve the conflict in Ukraine, saying also that Belarus had been unfairly labelled "an accomplice of the aggressor".

Belarus was also heavily sanctioned last year following the interception of the Ryanair plane flying between Athens and Vilnius and the arrest of a dissident journalist and his girlfriend after the plane landed.

World+Biz / Europe / USA

Belarus / sanctions

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infographics: TBS
    Low buyer turnout, falling prices worry Dhaka cattle sellers ahead of Eid
  • Infograph: TBS
    Chinese firm to recycle Savar tannery solid waste, produce gelatine, industrial protein powder
  • Passengers trying to leave Dhaka to celebrate Eid-ul-Adha with their families were seen waiting at Dholai Par area for buses on 5 June 2025. Photo: TBS
    Severe traffic congestion at exit points of Dhaka amid rush of homebound people

MOST VIEWED

  • Illustration: TBS
    Clamping down: Once Japan, now China
  • (From left) Sadia Haque, Sylvana Quader Sinha and Tasfia Tasbin. Sketch: TBS
    Meet the women driving Bangladesh’s startup revolution
  • Illustration: TBS
    Govt eases tax burden for company funds
  • The incident occurred around 4am on the Cumilla-Sylhet highway in the Birasar area of the district town on 4 June 2025. Photos: Collected
    LPG-laden truck explodes after overturning in Brahmanbaria
  • Highlights: TBS
    Low tender submission marks first round of PDB's solar power quest
  • Sonali Bank profit jumps 32% to Tk988cr in 2024
    Sonali Bank profit jumps 32% to Tk988cr in 2024

Related News

  • EU lifts economic sanctions on Syria
  • EU agrees 17th package of sanctions on Russia
  • If Trump lifts sanctions on Russia, what would it mean?
  • What Bangladesh stands to gain if Trump lifts sanctions on Russia
  • Belarus election likely extends Lukashenko's 30-year authoritarian rule

Features

Illustration: TBS

Unbearable weight of the white coat: The mental health crisis in our medical colleges

18h | Panorama
(From left) Sadia Haque, Sylvana Quader Sinha and Tasfia Tasbin. Sketch: TBS

Meet the women driving Bangladesh’s startup revolution

1d | Panorama
Illustration: TBS

The GOAT of all goats!

2d | Magazine
Photo: Nayem Ali

Eid-ul-Adha cattle markets

2d | Magazine

More Videos from TBS

From morning, Kamalapur Railway Station has been crowded with passengers for Eid journeys

From morning, Kamalapur Railway Station has been crowded with passengers for Eid journeys

31m | TBS Today
The damage to Beijing and Washington from Trump's visa ban

The damage to Beijing and Washington from Trump's visa ban

14h | Others
US imposes 50 percent tariffs on steel and aluminum

US imposes 50 percent tariffs on steel and aluminum

15h | Others
Is the 50-year-old law the new move of Trump's tariff war?

Is the 50-year-old law the new move of Trump's tariff war?

15h | Others
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net