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: 11 Apr 2013 | Removal date: 10 Apr 2017
Still in force

Interest payment subsidy

With Decree 283 of April 11, 2013, the Council of Ministers of Belarus provides a state guarantee and partially compensates (through Belarusbank) the paper factory 'Zavod gazetnoj bumagi' for the interest payments of its investment loan. Specifically, 50 per cent of the interest payments will be reimbursed, where the official rate of the National Bank of Belarus is used as the reference to calculate the amount of compensation.
 
This state measure is to be covered with financial resources from the republican budgets in 2013-2016.
 
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

321 Pulp, paper & paperboard
4802 Uncoated paper and paperboard, of a kind used for writing, printing or other graphic purposes, and non perforated punch cards and punch tape paper, in rolls or rectangular (including square) sheets, of any size, other than paper of heading 48.01 or 48.03
480240 Wallpaper base
480254 Weighing less than 40 g/m²
480255 Weighing 40 g/m² or more but not more than 150 g/m², in rolls
480256 Weighing 40 g/m² or more but not more than 150 g/m², in sheets with one side not exceeding 435 mm and the other side not exceeding 297 mm in the unfolded state
480257 Other, weighing 40 g/m² or more but not more than 150 g/m²
480258 Weighing more than 150 g/m²
480261 In rolls

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