IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 13 Jan 2012 | Removal date: 12 Jan 2014
Still in force

Interest payment subsidy

The Belarusian Government (according to Decree #44 of 13 January 2012) reimburses 50% of the prevailing interest rate (defined to be the refinance rate of the National Bank of Belarus) for the loans which firms in the cement industry have to pay back to Belarusbank. The reimbursement is financed through the Belarus government budget. The decree is aimed to facilitate the development and modernisation of the cement industry in Belarus. 
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

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AFFECTED SECTORS AND PRODUCTS

152 Gypsum; anhydrite; limestone (flux) & other calcareous stone
2521 Limestone flux; limestone and other calcareous stone, of a kind used for the manufacture of lime or cement.
252100 Limestone flux; limestone and other calcareous stone, of a kind used for the manufacture of lime or cement.
351 Paints & varnishes & related products; artists' colours; ink
3214 Glaziers' putty, grafting putty, resin cements, caulking compounds and other mastics; painters' fillings; nonrefractory surfacing preparations for façades, indoor walls, floors, ceilings or the like.
321410 Glaziers' putty, grafting putty, resin cements, caulking compounds and other mastics; painters' fillings
321490 Other
374 Plaster, lime & cement
2523 Portland cement, aluminous cement, slag cement, supersulphate cement and similar hydraulic cements, whether or not coloured or in the form of clinkers.
252310 Cement clinkers
252321 White cement, whether or not artificially coloured
252329 Other
375 Articles of concrete, cement & plaster
6810 Articles of cement, of concrete or of artificial stone, whether or not reinforced.
681091 Prefabricated structural components for building or civil engineering
681099 Other

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