US Treasury quietly allows some transactions with Belarus to resume
What happened
The US Treasury Department has published a general license that allows certain transactions with Belarus to continue. This means some US companies and individuals can now legally engage in specific activities that were previously blocked by sanctions.
Why it matters
Sanctions are often broad, blocking all transactions by default. General licenses create specific exceptions, allowing certain types of business or aid to continue. This particular license suggests the US government wants to allow some limited engagement with Belarus, even while maintaining broader sanctions.
The signal
Watch for any public statements from the Treasury Department or the State Department explaining the specific types of transactions this license is intended to enable, or if any US companies announce new activities in Belarus.