Belarus dictator Alexander Lukashenko may just hold Ukraines fate in his hands after all. If Belarus joins Russia full force in the invasion of Ukraine, the stiff resistance may be truly overpowered this time. Belarus has already been helping Russia with the invasion but have not invaded themselves. This is not news to the EU, and being proactive, the EU is to impose new sanctions on Belarus. These sanctions will be hitting exports, oligarchs, central bank and will cut Belarusian banks off from SWIFT. "In terms of the economic sanctions package, it's imminent, it'll probably be proposed either today or tomorrow," the official, who asked not to be named, said. He then added, "I would expect that in the course of this week we will introduce restrictive measures against the most important economic sectors in Belarus." The plan for the EU is to replicate Russian economic sanctions on Belarus as they're choosing to be working direct with Russia. Belarus could just turn out to be the tipping point of this war, and the EU sanctions will be great deterrents in order for Belarus to feel some consequences for their unwise actions.
Link : https://www.reuters.com/world/eu-impose-new-sanctions-belarus-this-week-eu-official-2022-02-28/
It's good to see Belarus facing the same consequences as Russia for their part in the invasion. It would be very interesting to see if these sanctions would be effective.
ReplyDeleteIf this is true and Belarus is thinking about helping Russia, it is important that the Western countries impose these sanctions as soon as possible. If we can get ahead of this, maybe we can reduce the damage of the war.
ReplyDeleteIf Belarus does choose to join forces with Russia, I think that may be when world leaders in the UN choose to intervene. It will be interesting to see how the sanctions will affect Russia and Belarus economy in the long run. I wonder how Belarus joining Russia will escalate the conflict and how world leaders will respond.
ReplyDeleteThe imposition of Sanctions will definitely go a long way in dissuading Lukashenko from supporting Russia's invasion with full force. However, the effective destruction of Belarussian financial institutions resulting from these sanctions would have a devastating effect on the average consumer in the Economy, reducing average standards of living
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