Australia has passed the Thematic Sanctions Act — and has joined the Global Magnitsky Act
On December 2, in addition to the adoption of sanctions by the EU, the United States, Great Britain and Canada, another extremely important event took place. Australia has passed the Thematic Sanctions Act — and has joined the Global Magnitsky Act. The adoption of this law was actively promoted by the Belarusian diaspora in Australia.
What is this law and why is its adoption very bad news for the Lukashenka’s regime? The Head of the NAM Pavel Latushka explained.
— In fact, the adoption of the “Australian Magnitsky Act” means that Australia will begin to apply its own sanctions against individuals and legal entities guilty of violating human rights and the principle of the rule of law, including in Belarus.
— The NAM and representatives of the Belarusian diaspora in Australia have already created a working group and began joint activities to develop sanctions lists, prepare the necessary evidence and relevant analytical notes for the Australian authorities — within the framework of the new law.
— The Global Magnitsky Act is considered an international standard in the field of combating human rights violations. And the joining of Australia, along with other countries within the framework of international cooperation, is an event that will significantly increase external pressure on the Lukashenka’s regime and the total effect of the sanctions against it.
— An important detail: 88% of Belarusian exports to Australia are potash fertilizers.
— In addition to visa restrictions for perpetrators of human rights violations, the new law also provides for targeted financial sanctions, including an asset freeze.
— It is known that Taiwan and the third economy in the world — Japan are also studying the possibility of joining the Global Magnitsky Act.