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

State loan

With Decree 340 of April 10, 2014, the Council of Ministers of Belarus granted a partial interest rate reimbursement to the Open Joint Stock Company "Minsk Leather Production Association". The subsidized loan has a volume of EUR 20 million and was originated by Belarusbank.
 
The main export markets of the company are: Russia, Ukraine, Lithuania, the Czech Republic, Italy, Spain, Great Britain, China and Portugal.
 
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

291 Tanned or dressed leather; composition leather
4113 Leather further prepared after tanning or crusting, including parchmentdressed leather, of other animals, without wool or hair on, whether or not split, other than leather of heading 41.14.
411320 Of swine

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