Regulations last checked for updates: Feb 10, 2026

Title 31 - Money and Finance: Treasury last revised: Jan 02, 2026
§ 548.304 - Defense and related materiel sector of the Belarus economy.

The term defense and related materiel sector of the Belarus economy includes military, armed forces, or security forces of or within Belarus; the use of arms or related materiel by military, armed forces, or security forces of or within Belarus; any person manufacturing, supplying, financing, procuring, or distributing goods, services, or technology to, from, or involving military, armed forces, or security forces of or within Belarus; and any related activities, including the provision or receipt of goods, services, or technology involving the defense and related materiel sector of the Belarus economy.

source: 88 FR 18039, Mar. 27, 2023, unless otherwise noted.
cite as: 31 CFR 548.304