ANNOUNCED AS TEMPORARYNo
The purpose of the state guarantee is to cover the repayment of the principal of a loan and the related to it loan interest payments. The loan's amount is 25 million USD. The interest rate related to this loan is 8% per annum.
"Belgorkhimprom", a key producer in Belarus of potash and other minerals, took this loan in order to finance the construction of the Garlyk mining and processing plant in Turkmenistan.
Council of Ministers Decree No. 937 entered into force on 20 November 2016.
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