Łukašenka rails against facilitation of asset sales for foreigners

January 18, Pozirk. Alaksandar Łukašenka has urged officials to take immediate measures to stem a capital outflow from Belarus at today’s meeting with the Council of Ministers.
The Belarusian ruler was critical of the government’s proposals to facilitate property sales by foreigners from so-called “unfriendly” countries, citing reports of deliberate withdrawal of income from Belarus.
“Why do such precedents arise? In practice, restrictive measures should be taken without any hesitation. How do governors organize this work?” his press office quoted him as saying. “You [should be] primarily interested in investment and deficit-free budget.”
The conference came days after the government allowed owners from “unfriendly” countries to sell their Belarus-based assets with permission from the State Property Committee.
The regulation applies to companies in which foreigners from “unfriendly” countries hold a stake of 25 percent or more.
In November 2022, Łukašenka threatened to nationalize foreign-owned companies should they decide to leave Belarus over its complicity in the Russian full-scale invasion of Ukraine.
Earlier that year, the government compiled a list of Belarusian companies with owners from “unfriendly” countries, prohibiting them from selling their shares.
The original list included 190 entries and was reviewed several times later.
The ban targets foreign shareholders from countries that imposed sanctions on Belarusian individuals or entities, including Austria, Germany, Latvia, Lithuania, Italy, Poland, Spain, the United Kingdom and the United States.
- PoliticsŁukasenka wishes Nazarbayev a happy birthdayThe material is available only to POZIRK+
- SocietyBelarusian Autocephalous Orthodox Church plans to open mission in UkraineThe material is available only to POZIRK+
- PoliticsCouncil of Europe affirms support for Belarusians at home and abroadThe material is available only to POZIRK+
- PoliticsBelarusians proud of common heritage with Lithuania, grateful for support – CichanoŭskajaThe material is available only to POZIRK+
- PoliticsBelarusian foreign minister to attend BRICS summit in BrazilThe material is available only to POZIRK+
- PoliticsCoordination Council supports setting up tribunal on aggression against UkraineThe material is available only to POZIRK+
- PoliticsViasna releases update on reprisals in BelarusThe material is available only to POZIRK+
- PoliticsJailed lawyer asks Lithuanian president to swap him for Belarus’ prisonersThe material is available only to POZIRK+
- PoliticsPro-government MP calls on emigrants to assault opposition politiciansThe material is available only to POZIRK+
- Politics, SecurityMigration crisis tested Poland’s defense capability – DudaThe material is available only to POZIRK+
- PoliticsUkraine, Russia hold new prisoner swap in BelarusThe material is available only to POZIRK+
- PoliticsOSCE group: Belarus must end crackdown on opponentsThe material is available only to POZIRK+
- PoliticsUN expert urges Minsk to speed up release of jailed dissidentsThe material is available only to POZIRK+
- PoliticsBelarus', Russia's PMs discuss integration in phone callThe material is available only to POZIRK+
- Politics
- Economy, PoliticsEU court upholds sanctions on Belarusian chemical plantsThe material is available only to POZIRK+
- PoliticsIrregular Belarus-EU crossings surge 62 percent in January-June from H2 2024The material is available only to POZIRK+
- PoliticsCichanoŭskaja's aide discusses political prisoners at UN human rights officeThe material is available only to POZIRK+
- Politics
- Politics, SocietyReprisals: 26 persecuted in Biełaruski Hajun caseThe material is available only to POZIRK+