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Global Trade Alert

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Belarus: Reimbursement of interest rate to domestic flax industry

Description

The Belorussian Government (according to Decree #113 of 3 February 2012) reimburses 50% of the prevailing interest rate (defined to be the refinance rate of the National Bank of Belarus) for the loans...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Feb 2012

Revocation date

02 Feb 2013

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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