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: 31 Mar 2014 | Removal date: open ended
Still in force

Interest payment subsidy

With Decree 290 of 31 March 2014, the Council of Ministers of Belarus approved the partial reimbursement of interest rate payments of a loan extended in 2012 to the Republican Association 'Belagroservis' at the amount of 550 billion Roubles (USD 55 million). RA 'Belagroservice' is a cooperative of agricultural producers of the Republic of Belarus and coordinates the activity of the regional enterprises, such as 'Brestoblagroservice', 'Vitebsk Oblagroservice', 'Gomeloblagroservice', 'Oblselhoztechnika', 'Minskoblagroservice', 'Agromashservice' in Mogilev, as well as of organisations, which perform agricultural maintenance works.
The purpose of the loan is acquisition of equipment for milk farms and forms part of the implementation measures of the Republican Programme for the development of the milk sector in 2010-2015.
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

221 Processed liquid milk, cream & whey
0401 Milk and cream, not concentrated nor containing added sugar or other sweetening matter.
040150 Of a fat content, by weight, exceeding 10 %
0404 Whey, whether or not concentrated or containing added sugar or other sweetening matter; products consisting of natural milk constituents, whether or not containing added sugar or other sweetening matter, not elsewhere specified or included.
040410 Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter
222 Other dairy products
0402 Milk and cream, concentrated or containing added sugar or other sweetening matter.
040210 In powder, granules or other solid forms, of a fat content, by weight, not exceeding 1.5 %
040221 Not containing added sugar or other sweetening matter
0403 Buttermilk, curdled milk and cream, yogurt, kephir and other fermented or acidified milk and cream, whether or not concentrated or containing added sugar or other sweetening matter or flavoured or containing added fruit, nuts or cocoa.
040310 Yogurt
040390 Other

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