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On 25 December 1991, the United States recognized the independence of the Republic of Belarus, and on 28 December, Belarus and the United States established diplomatic relations. On 31 January 1992, the U.S. Embassy was officially opened in Minsk. In 1993, the embassy of Belarus was opened in Washington. [3]
The United States has imposed two-thirds of the world's sanctions since the 1990s. [1] In 2024, the Washington Post said that the United States imposed "three times as many sanctions as any other country or international body, targeting a third of all nations with some kind of financial penalty on people, properties or organizations". [2]
The Export Administration Regulations (EAR) are a set of United States export guidelines and prohibitions. They are administered by the Bureau of Industry and Security , which regulates the export restrictions of sensitive goods. [ 1 ]
The authority of Congress to regulate international trade is set out in the United States Constitution (Article I, Section 8, Paragraph 1): . The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and to promote the general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform ...
Export restrictions, or a restriction on exportation, are limitations on the quantity of goods exported to a specific country or countries by a Government. Export restrictions could be aimed at achieving diverse policy objectives such as environmental protection, economic welfare, social wellbeing, conversion of natural resources, and controlling inflationary pressures.
The United States marked the first anniversary of Russia's invasion of Ukraine on February 24, 2023, with new sanctions against Russia aimed at undermining Moscow's ability to launch a war. The new measures by the US Treasury Department affect 22 Russian individuals and 83 entities, adding to the more than 2,500 sanctions imposed last year. [118]
United States: Levis suspended its Russian operations, including any new investments. 6 March 2022 [304] Rolex: Watch Switzerland: Rolex announced a halt of its exports to Russia. 8 March 2022 [305] Victoria's Secret: Underwear United States: Victoria's Secret suspended its business in Russia. 10 March 2022 [306] Crocs: Footwear United States
United States: Amazon Web Services; Amazon Prime Video [10] 2 March 2022: American Airlines: Airlines United States: Severed all ties with Aeroflot and S7 Airlines and suspended interline agreements. [11] 2 March 2022: American Express: payment card services United States: Suspended all operations in Russia and Belarus [12] 2022: Amway: Direct ...