IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 24 Aug 2016 | Removal date: open ended
Still in force

Loan guarantee

On 24 August 2016, the Belarusian government announced state support in the form of a credit guarantee to footwear company "Marko".
Decree No. 670 authorised the issuance of a state guarantee in favour of Belagroprombank to cover the principal (13 million USD) and part of the interest concerning the loan it issued to the leader of footwear company "Marko'.

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

293 Footwear other than sports footwear
6403 Footwear with outer soles of rubber, plastics, leather or composition leather and uppers of leather.
640391 Covering the ankle
640399 Other

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