In Belarus, they announced a decrease in exports by $ 18 billion due to sanctions

Western sanctionsblocked almost all exports of Belarusian goods to North America and the EU, Prime Minister Roman Golovchenko said. He said that MINSK would redirect this volume of supplies to Asian markets,

Due to economic sanctions imposed against Belarus, almost all of Minsk's exports to the EU and North America were blocked. Belarusian Prime Minister Roman Golovchenko stated this in an interview with Al Arabiya TV channel.

“This amount per year is about $16-18 billion. Naturally, we cannot lose this volume of exports and must reorient it to other markets, including Asian, African, the Middle East and the Arabian Gulf. This is what we are working on now,” he said (quoted by BelTA).

According to the prime minister, Minsk interprets the sanctions as “not just an instrument of pressure, but a hybrid aggression”, the purpose of the restrictions, according to Golovchenko, is “to bring the country to its knees, strangle it economically and achieve by force the fulfillment of some requirements or conditions.”

Lukashenka appreciated the power of Belarus with the words “small spool, but expensive” Politics

After the presidential elections in Belarus in August 2020, the EU countries and the United States imposed several rounds of sanctions against Minsk, which affected officials, the country's public debt, state-owned companies, including Belavia and Belorusneft. In addition, restrictions against Belarus by the EU, the US, the UK and other states were tightened after the start of the Russian military operation in Ukraine on February 24. They touched upon the energy and transport sectors, the financial and other sectors, and visa policy.

In particular, within the framework of the fifth package of EU sanctions against RUSSIA, the EU imposed a ban on the import of potassium chloride from Belarus through its territory. In addition, on April 8, the Russian Federal Customs Service announced that the EU countries had stopped letting trucks registered in Russia and Belarus; the ban did not apply to trucks that transport pharmaceutical, medical, food and agricultural products, energy carriers, non-ferrous metals and fertilizers. In response, the government of Belarus banned cars and tractors from crossing the customs border of the EAEU.

Russia has given Belarus a delay in the payment of more than $ 1 billion loan Economy

Read on RBC Pro Pro Ghost of the checkered bag:why parallel imports won't bring back shuttles Pro x The Economist forecasts Why economists and ordinary people estimate inflation differently ArticlesPro How a foreign business “hacks” IT infrastructure for Russian branches Instructions Pro Fast time:why companies began to fire slow-witted managers Pro Articles Innovative Dictator:how the putschist became the creator of the economic miracle Articles Pro SMS is no longer affordable:how sanctions have changed mobile mailings in Russia Articles Pro How to get a preferential mortgage:checklist for employees of IT companies Instructions Pro Co-founder of DoorDash:a great idea is not enough to start a business Articles

Belarusian President ALEXANDER LUKASHENKO assured that his country is not going to take part in the Russian military operation in Ukraine. According to him, Russia and Belarus are able to cope with the consequences of restrictions and teach other countries "how to overcome sanctions." According to Lukashenka, the sanctions period is a “time of opportunities”.

The HEAD of the Ministry of Economic Development of Belarus, Alexander Chervyakov, previously called Western sanctions "economic genocide." The goal of the restrictions, he said, is "to completely destroy a number of industries that are key to our economy."