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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of September 30, 2015 No. 811

About compensation of losses to BPS-Sberbank open joint stock company from provision of export loan

According to the Presidential decree of the Republic of Belarus of August 25, 2006 "About assistance to commodity export development (works, services)" the Council of Ministers of the Republic of Belarus DECIDES: No. 534

1. Compensate in 2015-2018 to BPS-Sberbank open joint stock company of loss from provision to the production unitary enterprise "Gomelyoboi" of export loan in the amount 1 126 630 000 Russian rubles for the production and realization of export products issued according to the credit agreement of August 18, 2015 to No. 300-90004/15 with collection of percent in the amount of 2/3 refunding rates of the Central bank of the Russian Federation established on the date of the conclusion of the credit agreement at the expense of the means of the republican budget provided in 2015 on other questions in the field of the industry, constructions and architecture and in 2016-2018 - within the means provided on these purposes in the republican budget for these years on condition of insurance of export risks with support of the state.

2. To the Ministry of Finance:

sign with BPS-Sberbank open joint stock company the agreement on compensation of losses from provision of the export loan specified in Item 1 of this resolution;

when forming drafts of the republican budget for 2016-2018 to provide funds for compensation of losses to the called joint-stock company from provision of export loan according to Item 1 of this resolution.

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

Prime Minister of the Republic of Belarus

A. Kobyakov

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