The US Treasury has renewed its general licence (which authorises transactions with all entities listed on its Belarus sanctions) for 6 months, until 30 October 2017. The renewal was made by Belarus General Licence 2C, which replaces and supersedes General Licence 2B under which the authorisation was previously granted. The EU lifted most of its sanctions on Belarus in February 2016 (see previous blog).
The General Licence requires any US person to report any such transactions, or series of transactions, in excess of $50,000 to the US Department of State no later than 30 days after their execution. No new property has been unblocked by General Licence 2C.