AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Decree No. 279 of the Council of Ministers of the Republic of Belarus of 6 April 2016 established new export support for designated Belarusian products.
Follwing the decree, the state Development Bank of the Republic of Belarus is to provide buyer's credit for products of Belarusian origin. The eligible products are enumerated in the decree on the HS 4-digit level. No concrete credit limits are mentioned.
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.
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