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    Home > Finance > Ukraine imposes sanctions against Belarus' Lukashenko for aiding Russia's war
    Finance

    Ukraine imposes sanctions against Belarus' Lukashenko for aiding Russia's war

    Published by Global Banking & Finance Review®

    Posted on February 18, 2026

    3 min read

    Last updated: February 18, 2026

    Ukraine imposes sanctions against Belarus' Lukashenko for aiding Russia's war - Finance news and analysis from Global Banking & Finance Review
    Tags:Presidentfinancial crisisinternational organizationsforeign currency

    Quick Summary

    Ukraine sanctions Belarus' Lukashenko for aiding Russia's war efforts, with Zelenskiy promising increased countermeasures.

    Table of Contents

    • Ukraine's Sanctions Against Belarus
    • Background on Belarus' Role
    • Statements from President Zelenskiy
    • Symbolic Nature of the Sanctions

    Ukraine Targets Belarus' Lukashenko with New Sanctions Amid War Support

    Ukraine's Sanctions Against Belarus

    KYIV, Feb 18 (Reuters) - Ukraine imposed a package of sanctions against Belarusian President Alexander Lukashenko on Wednesday, vowing to "increase countermeasures" against Minsk for its wartime assistance to Russia.

    Background on Belarus' Role

    Belarus, one of Russia's closest allies, served as a staging ground for Moscow to launch its 2022 invasion, allowing Russian forces to get close to the Ukrainian capital before they were pushed back.

    Statements from President Zelenskiy

    "We will significantly intensify countermeasures against all forms of (Lukashenko's) assistance in the killing of Ukrainians," President Volodymyr Zelenskiy said on social media.

    Symbolic Nature of the Sanctions

    The press service of the Belarus presidency did not immediately respond to a request for comment.

    Zelenskiy said Belarus, which shares a border of over 1,000 kilometres (621 miles) with Ukraine, had aided Moscow's extensive drone attacks on Ukraine.

    Although there has not been active fighting along the Ukraine-Belarus border, Zelenskiy said Minsk had allowed Russia in the second half of 2025 to deploy a system of relay stations in Belarus to control its drones in attacks on Ukraine.

    "The Russians would not have been able to carry out some of the attacks, particularly on energy facilities and railways in our regions, without such assistance from Belarus," said Zelenskiy, whose order also banned Lukashenko from entering Ukraine.

    LARGELY SYMBOLIC MOVE

    With Lukashenko already under U.S. and European sanctions, the move is largely symbolic, although Zelenskiy said Ukraine would work with its partners to ensure the new measures have a "global effect".

    U.S. President Donald Trump last December granted limited sanctions relief to three Belarusian companies producing potash - a key component in fertilisers - after the former Soviet state released 123 political prisoners.

    One of those former prisoners, Maria Kalesnikava, urged European countries on Tuesday to follow Trump's lead and engage in a dialogue with Lukashenko on the grounds that failing to do so would only further strengthen Russian influence over Belarus.

    Zelenskiy said more than 3,000 Belarusian businesses were providing supplies for Russia's war effort, including missile components, and also cited Minsk's plans to host Russia's Oreshnik intermediate-range ballistic missile.

    Russia released video in December of what it said was the deployment of the Oreshnik missile system in Belarus. Lukashenko said at the time that the missile had been deployed to Belarus and entered active combat duty.

    (Reporting by Max HunderEditing by Daniel Flynn and Gareth Jones)

    Key Takeaways

    • •Ukraine sanctions Belarus' Lukashenko for aiding Russia.
    • •Belarus served as a staging ground for Russia's invasion.
    • •Zelenskiy vows increased countermeasures against Belarus.
    • •Sanctions are largely symbolic but aim for global effect.
    • •Belarusian businesses support Russia's war efforts.

    Frequently Asked Questions about Ukraine imposes sanctions against Belarus' Lukashenko for aiding Russia's war

    1What are sanctions?

    Sanctions are penalties or restrictions imposed by countries or international organizations to influence a nation's behavior, often in response to violations of international law or human rights.

    2What is a foreign currency?

    Foreign currency refers to money that is issued by a country other than one's own, often used in international trade and investment.

    3What is a financial crisis?

    A financial crisis is a situation in which the value of financial institutions or assets drops significantly, often leading to economic instability.

    4What is the role of international organizations?

    International organizations are entities formed by multiple countries to address global issues, promote cooperation, and establish norms and standards.

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