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 Mar 2014 | Removal date: open ended
Still in force

Loan guarantee

With Decree 204 of March 11, 2014, Belarus provided a state guarantee to the Import-Export Bank of China. Its purpose is to secure a loan of 29'750'000 USD to be extended in 2014-2015 by the Chinese bank to Belarusbank, and subsequently to be allocated to the Belarusian company JSC Svetlogorsk pulp and board.

The state-supported bank loan will finance an investment loan of the company (building of production facilities for cellulose production with capacity of 400 000 tonnes per year).

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

347 Plastics in primary forms
3912 Cellulose and its chemical derivatives, not elsewhere specified or included, in primary forms.
391239 Other

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