Sanctions on Belarussian Firm Lifted
- May. 27 2013 00:00
- Last edited 20:13
MINSK — The U.S. State Department has lifted sanctions imposed on Belarussian arms exporter Beltechexport two years ago, Beltechexport said in a statement on Monday.
The U.S. imposed sanctions against the Belarussian company in July 2010, accusing Beltechexport of selling technologies related to the production of nuclear, chemical and biological weapons and ballistic missiles to Iran, Syria and North Korea.
Beltechexport said it had invited international auditors to help restore its reputation as soon as the sanctions were imposed.
One of the companies involved was KPMG, which was granted access to all Beltechexport documentation dating back to 2000 and 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.