Treasury Eases Belarus Sanctions for Select Companies Amid Ongoing Restrictions
Published Date: 3/2/2026
Rule
Summary
The Treasury’s Office of Foreign Assets Control (OFAC) officially published General License 13, which lets people do certain business with three Belarus companies despite existing sanctions. This license, effective since December 15, 2025, allows some transactions that were previously blocked but still keeps strict limits on others. If you work with these companies or their affiliates, this update could impact your deals and money moves.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Limited OK to Do Business With Three Belarus Firms
If you work with Joint Stock Company Belarusian Potash Company, Agrorozkvit LLC, or Belaruskali OAO, General License 13 (issued December 15, 2025) authorizes transactions that the Belarus sanctions would otherwise block. The license also covers any entity 50 percent or more owned, directly or indirectly, by one or more of those firms.
License Does Not Unblock Property or Other Blocked Parties
General License 13 does not authorize the unblocking of any property blocked under any part of 31 CFR chapter V. It also does not authorize transactions involving the property or interests of any other person blocked under the Belarus Sanctions Regulations unless there is a separate authorization.
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Key Dates
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