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: 01 Sep 2016 | Removal date: open ended
Still in force

Controls on commercial transactions and investment instruments

The National Bank of Belarus (according to Decision No. 424, dated 1 August 2016, entitled "On Amendment of Decision No. 129 of the Board of the National Bank of the Republic of Belarus of 13 September 2006) took the decision as of 1 September 2016 to reduce the value of the mandatory sale of foreign currency for Belarusian exporters to 20 % of the revenues, they receive in foreign currency. Previously, the value of the mandatory sale was set at 30 %.

AFFECTED COUNTRIES

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