US Treasury allows transactions with Belarusian

The U.S. Department of the Treasury has officially permitted transactions with the company Belaruskali (Belarus Potash) and another Belarusian potash company. This decision opens new opportunities for the exchange of trade goods and the development of financial operations between countries. At the time the restrictions were imposed, transactions were limited under the sanctions regime introduced in 2015, when Belaruskali was added to the list of companies subject to restrictions. The new decision reflects the changing U.S. policy toward Belarus and the desire to stabilize economic ties.

Context

Belaruskali was included in the U.S. sanctions list in 2015, which restricted financial transactions with its participants.