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: 17 May 2012 | Removal date: open ended
Still in force

Interest payment subsidy

In 2012 the Belorussian Government (according to Decree #453 of 17 May 2012) will reimburse 50% of the prevailing interest rate (defined to be the refinance rate of the National Bank of Belarus) for the loans which the fishing industry (18 organizations) have to pay back to Belagroprombank and 'Belarusbank'. The reimbursement is financed through the Belarus government budget. The decree is aimed to facilitate the development and modernisation of the fishing industry in Belarus. The modernization programme for the fishing industry was announced on 7 October 2010.
 
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

042 Fish live, fresh or chilled for human consumption
0302 Fish, fresh or chilled, excluding fish fillets and other fish meat of heading 03.04.
030211 Trout (Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and Oncorhynchus chrysogaster)
030214 Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho)
212 Prepared & preserved fish, crustaceans, molluscs
0303 Fish, frozen, excluding fish fillets and other fish meat of heading 03.04.
030312 Other Pacific salmon (Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus)
030313 Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho)
030314 Trout (Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and Oncorhynchus chrysogaster)
030351 Herrings (Clupea harengus, Clupea pallasii)
030353 Sardines (Sardina pilchardus, Sardinops spp.), sardinella (Sardinella spp.), brisling or sprats (Sprattus sprattus)
030354 Mackerel (Scomber scombrus, Scomber australasicus, Scomber japonicus)
030366 Hake (Merluccius spp., Urophycis spp.)
030367 Alaska Pollack (Theragra chalcogramma)
030389 Other
030390 Livers and roes
0304 Fish fillets and other fish meat (whether or not minced), fresh, chilled or frozen.
030461 Tilapias (Oreochromis spp.)
030471 Cod (Gadus morhua, Gadus ogac, Gadus macrocephalus)
030472 Haddock (Melanogrammus aeglefinus)
030473 Coalfish (Pollachius virens)
030474 Hake (Merluccius spp., Urophycis spp.)
030481 Pacific salmon (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus), Atlantic salmon (Salmo salar) and Danube salmon (Huchohucho)
030489 Other
030494 Alaska Pollack (Theragra chalcogramma)
030499 Other

Please report this page in case you detect an inaccuracy in its content.