IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 13 Mar 2013 | Removal date: open ended
Still in force

Trade finance

With Decree 177 of March 13, 2013, the Council of Ministers of Belarus have prolonged the provision of loans at advantageous terms (through Sberbank Russia) to buyers of Belarusian goods on the territory of the Russian Federation. The state financial scheme was originally implemented in 2009 (Decree  466 of September 24, 2009) and the goal is to promote Belarusian goods, among others machinery and equipment, on the Russian market and to increase the Belarusian exports.

The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.

AFFECTED COUNTRIES

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TABLE
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