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: 23 Jun 2012 | Removal date: open ended
Still in force

Interest payment subsidy

The Belorussian Government (according to Decree #581 of 23 June 2012) will reimburse 50% of the prevailing interest rate (defined to be 10.5%, which is lower than the refinance rate of the National Bank of Belarus) for the loans which the meat-milk company Myaso-molochnaya Companiya has to pay back to SPB-Sberbank. The reimbursement is financed through the Belarus government budget. The decree is aimed to support domestic meat and milk producers.
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

211 Meat & meat products
0202 Meat of bovine animals, frozen.
020230 Boneless
0203 Meat of swine, fresh, chilled or frozen.
020311 Carcasses and halfcarcasses
020319 Other
020321 Carcasses and halfcarcasses
020322 Hams, shoulders and cuts thereof, with bone in
020329 Other
0207 Meat and edible offal, of the poultry of heading 01.05, fresh, chilled or frozen.
020714 Cuts and offal, frozen
020727 Cuts and offal, frozen
221 Processed liquid milk, cream & whey
0404 Whey, whether or not concentrated or containing added sugar or other sweetening matter; products consisting of natural milk constituents, whether or not containing added sugar or other sweetening matter, not elsewhere specified or included.
040410 Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter
222 Other dairy products
0403 Buttermilk, curdled milk and cream, yogurt, kephir and other fermented or acidified milk and cream, whether or not concentrated or containing added sugar or other sweetening matter or flavoured or containing added fruit, nuts or cocoa.
040310 Yogurt
040390 Other

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