US lift Belarusian arms exporter sanctions

Beltechexport says it invited international audit experts to help restore its reputation as soon as the sanctions were imposed.

US lift Belarusian arms exporter sanctions

The US State Department has lifted sanctions against Belarusian arms exporter Beltechexport, which it imposed against the company almost two years ago, Beltechexport said in a statement on Monday.

The United States imposed sanctions against the Belarusian company on July 14, 2010, accusing Beltechexport of selling technologies related to the production of nuclear, chemical and biological weapons as well as ballistic missiles to Iran, Syria and North Korea.

Beltechexport says it invited international audit experts to help restore its reputation as soon as the sanctions were imposed. One of the companies involved was US audit company KPMG, which was granted access to all Beltechexport documentation dating back to 2000, which later confirmed the legality of the company’s commercial activities, Beltechexport said.

Belarus is currently subject to a series of sanctions imposed by the United States and the European Union, in response to alleged human rights violations in the country by President Alexander Lukashenko's regime.

Cihan

Last Mod: 27 Mayıs 2013, 17:19
Add Comment