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EU Hits Belarus With Sanctions on Potash, Petroleum Goods

  • European Union also limits country’s access to capital markets
  • Restrictions respond to escalation of human rights violations
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The European Union imposed a sweeping set of sanctions against Belarus, targeting key economic sectors in its strongest response yet to last month’s forced landing of a Ryanair flight and the arrest of a journalist in Minsk.

The EU sanctions unveiled Thursday hit petroleum products and potash fertilizers, the country’s two main sources of foreign-currency revenue. But while the EU prohibited the purchase, import or transfer from Belarus of petroleum goods and some types of potash, it also narrowed the scope of some of the restrictions, limiting the impact.