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: 16 Apr 2014 | Removal date: 16 Apr 2015
Still in force

Loan guarantee

With Decree Nr. 385 of April 16, 2014, the Council of Ministers of Belarus authorised the issuance of state guarantees in 2014 to Belarusbank, Belinvestbank, Sberbank and Belagroprombank for the short term loans (4 596 460 million Belorussian Rubles, or approximately 462 million USD) with maturity of up to one year that they have extended to selected companies operating in the local sugar confectionery and bakery sectors. 
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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TABLE
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AFFECTED SECTORS AND PRODUCTS

234 Bakery products
1905 Bread, pastry, cakes, biscuits and other bakers' wares, whether or not containing cocoa; communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products.
190510 Crispbread
190531 Sweet biscuits
190532 Waffles and wafers
190540 Rusks, toasted bread and similar toasted products
236 Cocoa, chocolate & sugar confectionery
1704 Sugar confectionery (including white chocolate), not containing cocoa.
170490 Other
239 Food products n.e.c.
1905 Bread, pastry, cakes, biscuits and other bakers' wares, whether or not containing cocoa; communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products.
190590 Other

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