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: 10 Feb 2015 | Removal date: open ended
Still in force

Trade finance

With Council of Ministers Decree No. 72 of 4 February 2015, the Government of the Republic of Belarus introduced new rules for its export promotion scheme "On measures for the sale of goods manufactured in the Republic of Belarus".

The purpose of this export promotion scheme is purchase by foreigners of Belarusian products of its machine building industry. Concretely, Decree No. 72 contains the following details:
 
(1) a list of made in Belarus goods by a list of Belarusian companies that are eligible under the present export promotion scheme. This information is contained in Annex No. 1 of Decree No. 72. Please note that the affected HS codes have been identified on the basis of this information. 

(2) a list of resident (located in Belarus) banks through the special accounts of which the Ministry of Finance of the Republic of Belarus is to transfer financial funds for the compensation of due interest rates, payable to non-resident (i.e. not located in Belarus) banks. This piece of information is contained inAnnex No. 2 of Decree No. 72.
 
(3) a list of resident (located in Belarus) banks through the special accounts of which the Ministry of Finance of the Republic of Belarus is to transfer financial funds for the compensation of due interest rates, payable to non-resident (i.e. not located in Belarus) leasing companies. This piece of information is contained in Annex No. 3 of Decree No. 72.
 
In this case, the distorted markets are the countries in which the lists of non-resident banks and leasing companies operate, notably: Armenia, Azerbaijan, Georgia, Kazakhstan, Russian Federation Serbia, Turkey, Turkmenistan, Ukraine, and Uzbekistan. 
 
Decree No. 72 entered into force on the date of its official publication, 10 February 2015.
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

435 Lifting & handling equipment & parts
8427 Forklift trucks; other works trucks fitted with lifting or handling equipment.
842720 Other selfpropelled trucks
439 Other general-purpose machinery & parts
8424 Mechanical appliances (whether or not handoperated) for projecting, dispersing or spraying liquids or powders; fire extinguishers, whether or not charged; spray guns and similar appliances; steam or sand blasting machines and similar jet projecting machi
842410 Fire extinguishers, whether or not charged
842489 Other
842490 Parts
441 Agricultural or forestry machinery & parts
8432 Agricultural, horticultural or forestry machinery for soil preparation or cultivation; lawn or sportsground rollers.
843210 Ploughs
843229 Other
843230 Seeders, planters and transplanters
843240 Manure spreaders and fertiliser distributors
843290 Parts
8701 Tractors (other than tractors of heading 87.09).
870110 Pedestrian controlled tractors
870190 Other
442 Machine-tools & parts
8465 Machinetools (including machines for nailing, stapling, glueing or otherwise assembling) for working wood, cork, bone, hard rubber, hard plastics or similar hard materials.
846510 Machines which can carry out different types of machining operations without tool change between such operations
846592 Planing, milling or moulding (by cutting) machines
846599 Other
444 Machinery for mining, quarrying & construction; parts
8429 Selfpropelled bulldozers, angledozers, graders, levellers, scrapers, mechanical shovels, excavators, shovel loaders, tamping machines and road rollers.
842911 Track laying
842951 Frontend shovel loaders
842959 Other
8430 Other moving, grading, levelling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals or ores; piledrivers and pileextractors; snowploughs and snow blowers.
843041 Selfpropelled
8704 Motor vehicles for the transport of goods.
870410 Dumpers designed for offhighway use
448 Domestic appliances & parts
8450 Household or laundrytype washing machines, including machines which both wash and dry.
845011 Fullyautomatic machines
8516 Electric instantaneous or storage water heaters and immersion heaters; electric space heating apparatus and soil heating apparatus; electrothermic hairdressing apparatus (for example, hair dryers, hair curlers, curling tong heaters) and hand dryers; ele
851640 Electric smoothing irons
851650 Microwave ovens
851660 Other ovens; cookers, cooking plates, boiling rings, grillers and roasters
851679 Other
851680 Electric heating resistors
491 Motor vehicles, trailers & semi-trailers; parts
8701 Tractors (other than tractors of heading 87.09).
870120 Road tractors for semitrailers
8702 Motor vehicles for the transport of ten or more persons, including the driver.
870210 With compressionignition internal combustion piston engine (diesel or semidiesel)
870290 Other
8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars.
870323 Of a cylinder capacity exceeding 1,500 cc but not exceeding 3,000 cc
8704 Motor vehicles for the transport of goods.
870422 g.v.w. exceeding 5 tonnes but not exceeding 20 tonnes
870423 g.v.w. exceeding 20 tonnes
870431 g.v.w. not exceeding 5 tonnes
8705 Special purpose motor vehicles, other than those principally designed for the transport of persons or goods (for example, breakdown lorries, crane lorries, fire fighting vehicles, concrete mixer lorries, road sweeper lorries, spraying lorries, mobile wor
870510 Crane lorries
870590 Other

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