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: 30 Dec 2012 | Removal date: open ended

Loan guarantee

With Government Decree 1264 of December 30, 2012, Belarus provided a state guarantee to 'Belarusbank' for the following investment and plant reconstruction-related loans extended to 'Mineral Wax Plant' JSC:

  • EUR 45 845 439 with interest rate defined as CIRR plus 0.82% p.a. with maturity after 8 years;
  • EUR 7 230 000 with interest rate defined as Euribor 12m plus 3.00% p.a. with maturity after two years.


'Mineral Wax Plant' JSC produces a range of petrochemical products for various industries.

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

335 Petroleum jelly, coke or bitumen; paraffin wax & similar products
2712 Petroleum jelly; paraffin wax, microcrystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured.
271290 Other

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