IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 28 Jun 2016 | Removal date: open ended
Still in force

Loan guarantee

On 28 June 2016 the Council of the Republic of Belarus (according to Decree No. 504) issued a state guarantee to cover the due principal (11 818 200 EUR) and interest payments related to a loan that Belarusbank issued to "Zavod gazetnoy bumagi".
 
The maturity date of the loan is 31 December 2019. The due interest rate is fixed at not more than 11% per annum. The maturity date of the state guarantee is not disclosed.
 
"Zavod gazetnoy bumagi" was established with Decree No. 363 of the President of the Republic of Belarus of 10 August 2005. Among the main products it manufactures are:
 

  • Frame-panel houses;
  • Houses from laminated timber;
  • Bath houses;
  • Summerhouses;
  • Mouldings;
  • Glued laminated timber;
  • Sawn timber;
  • Industrial wastes;
  • Pellets.

 
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

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

312 Wood continuously shaped; wood wool, flour and chips
4409 Wood (including strips and friezes for parquet flooring, not assembled) continuously shaped (tongued, grooved, rebated, chamfered, Vjointed, beaded, moulded, rounded or the like) along any of its edges, ends or faces, whether or not planed, sanded or end
440910 Coniferous
314 Boards & panels
4410 Particle board, oriented strand board (OSB) and similar board (for example, waferboard) of wood or other ligneous materials, whether or not agglomerated with resins or other organic binding substances.
441011 Particle board
4411 Fibreboard of wood or other ligneous materials, whether or not bonded with resins or other organic substances.
441112 Of a thickness not exceeding 5 mm
441113 Of a thickness exceeding 5 mm but not exceeding 9 mm
441114 Of a thickness exceeding 9 mm
441192 Of a density exceeding 0.8 g/cm³
4412 Plywood, veneered panels and similar laminated wood.
441232 Other, with at least one outer ply of nonconiferous wood
315 Veneer sheets; sheets for plywood; densified wood
4408 Sheets for veneering (including those obtained by slicing laminated wood), for plywood or for similar laminated wood and other wood, sawn lengthwise, sliced or peeled, whether or not planed, sanded, spliced or endjointed, of a thickness not exceeding 6 m
440890 Other
316 Builders' joinery & carpentry of wood
4418 Builders' joinery and carpentry of wood, including cellular wood panels, assembled flooring panels, shingles and shakes.
441820 Doors and their frames and thresholds
441872 Other, multilayer
441890 Other
317 Wooden packing cases; pallets & other load boards; barrels
4415 Packing cases, boxes, crates, drums and similar packings, of wood; cabledrums of wood; pallets, box pallets and other load boards, of wood; pallet collars of wood.
441520 Pallets, box pallets and other load boards; pallet collars
319 Other products of wood, cork or straw
4421 Other articles of wood.
442190 Other

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