Lithuania: Considerations for entrepreneurs, importers, and exporters regarding Russia and Belarus
Trade sanctions for Belarus
Trade sanctions for Belarus
Lithuanian Customs informed entrepreneurs ceasing operations in Russia and Belarus and bringing used equipment back to Lithuania that they are not subject to European Union (EU) sanctions. Once a business in Russia or Belarus has ceased operations and a similar activity has been started in Lithuania, transfers of fixed assets or other equipment used for economic activity are not subject to import duties.
Trade sanctions for Belarus
The following goods may not be imported from Belarus or exported to Belarus per EU Council Regulation No. 2022/355:
- Wood and articles of wood, wood charcoal
- Cement and articles of cement, concrete or artificial stone
- Iron, steel and articles thereof
- New pneumatic rubber tires
Import of the following is also prohibited:
- Oil and other products indicated in Annex VI of EU Council Regulation No. 2022/355
- Potassium chloride (potassium carbonate) and products indicated in Annex VII of EU Council Regulation No. 2022/355
It is also prohibited to sell, supply, transfer, or export, directly or indirectly, to Belarus, machinery originating in the EU or outside the EU.
Read a July 2022 report [PDF 796 KB] prepared by the KPMG member firm in Lithuania
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