Belarus: Financial Services

(asked on 13th July 2021) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether the Government plans to take steps to prevent the sale of Belarusian state bonds on the London Stock Exchange that may finance repressive activities by the governing regime of that nation.


Answered by
Wendy Morton Portrait
Wendy Morton
This question was answered on 19th July 2021

The UK Government unequivocally condemns the Lukashenko regime's campaign of repression against the human rights and fundamental freedoms of the people of Belarus and is taking measures to stop the regime from making money in the UK. We have implemented over 100 sanctions designations against individuals and entities responsible for the violation of human rights and the suppression of democracy in Belarus, including senior ranking officials and BNK(UK) Ltd, an exporter of Belarusian oil products. This will hit the Lukashenko regime where it hurts by disrupting a key revenue stream and sends the clear message that they will be held to account for their oppression. The UK is developing plans for further measures targeting specific sectors of the Belarusian economy.

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