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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of March 20, 2012 No. 248

About some questions of implementation of the Agreement between the Government of the Republic of Belarus and the Government of the Russian Federation about provision to the Government of the Republic of Belarus of the public export loan for construction of nuclear power plant in the territory of the Republic of Belarus

For the purpose of implementation of the Agreement between the Government of the Republic of Belarus and the Government of the Russian Federation about provision to the Government of the Republic of Belarus of the public export loan for construction of nuclear power plant in the territory of the Republic of Belarus of November 25, 2011 and according to the Presidential decree of the Republic of Belarus of April 18, 2006 No. 252 "About approval of the Regulations on the external state loans and external loans attracted under guarantees of the Government of the Republic of Belarus" Council of Ministers of the Republic of Belarus DECIDES:

1. Determine that the Ministry of Finance and the Department of Energy perform functions of the authorized bodies of the Government of the Republic of Belarus responsible for implementation of the Agreement between the Government of the Republic of Belarus and the Government of the Russian Federation about provision to the Government of the Republic of Belarus of the public export loan for construction of nuclear power plant in the territory of the Republic of Belarus of November 25, 2011 (further - the Agreement), according to their competence.

2. Provide to Belvneshekonombank open joint stock company of power on servicing of the public export loan granted by the Government of the Russian Federation according to the Agreement (further - the credit).

3. To the Ministry of Finance:

3.1. perform interest payment, principal debt, the commissions for servicing of letters of credit, and also other payments on the credit at the expense of the means provided in the republican budget on current and the subsequent financial years for servicing and repayment of external public debt;

3.2. provide to public institution "Directorate of construction of nuclear power plant" of means of the credit obtained according to the Agreement at the rate to 10 billion US dollars for financing of 90 percent of cost of each contract (contract) between Atomstroyexport private company (Russian Federation) and public institution "Directorate of construction of nuclear power plant" on delivery of goods, performance of works and rendering services by the called joint-stock company for the purpose of construction of two power units of nuclear power plant in the territory of the Republic of Belarus and to sign the agreement on procedure for use and loan repayment with this organization, the Department of Energy and Belvneshekonombank open joint stock company.

4. To Department of Energy:

provide implementation by public institution "Directorate of construction of nuclear power plant" of agreements (contracts) according to subitem 3.2 of Item 3 of this resolution and return by this organization to the republican budget of the payments specified in subitem 3.1 of Item 3 of this resolution, from April 1, 2021 to December 31, 2035 in loan currency according to the schedule approved by the Ministry of Finance;

together with the Ministry of Economics, the Ministry of Finance to exercise control of target use and timely loan repayment by public institution "Directorate of construction of nuclear power plant".

5. This resolution becomes effective from the date of its acceptance.

 

Prime Minister of the Republic of Belarus M. Myasnikovich

 

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