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: 07 Apr 2014 | Removal date: open ended
Still in force

Loan guarantee

With Decree 321 of 7 April 2014, the Council of Ministers of Belarus agreed to issue a letter of guarantee to Belarusbank in order to secure a credit line at the amount of EUR 15.8 million it had granted to JSC "Rechitsadrev". The maturity date of the loan is 31 December 2023. However, theissuance and the maturity dates of the letter of guarantee have not beendisclosed.

JSC "Rechitsadrev" is an export-oriented enterprise, specialised in the production of wood-based panels, plywood, lumber, office and household furniture. The main export markets of the company can be retrieved from the second provided source. They are assumed to be affected parties of this state support measure.


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

314 Boards & panels
4410 Particle board, oriented strand board (OSB) and similar board (for example, waferboard) of wood or other ligneous materials, whether or not agglomerated with resins or other organic binding substances.
441011 Particle board
441012 Oriented strand board (OSB)
4412 Plywood, veneered panels and similar laminated wood.
441232 Other, with at least one outer ply of nonconiferous wood
441239 Other
381 Furniture
9403 Other furniture and parts thereof.
940310 Metal furniture of a kind used in offices
940320 Other metal furniture
940350 Wooden furniture of a kind used in the bedroom
940360 Other wooden furniture
940370 Furniture of plastics
940389 Other
940390 Parts

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