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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of May 15, 2015 No. 415

About provision of a guarantee for the Government of the Republic of Belarus to National bank of development of China

According to presidential decrees of the Republic of Belarus of April 18, 2006 "About approval of the Regulations on the external state loans and external loans attracted under guarantees of the Government of the Republic of Belarus" and of May 15, 2015 No. 208 "About use of credit resources of National bank of development of China" the Council of Ministers of the Republic of Belarus DECIDES: No. 252

1. Provide to National bank of development of China guarantee of the Government of the Republic of Belarus in repayment of the external loan issued to open joint stock company "Belarusbank savings bank in the amount to 300 million US dollars for provision of means of the external loan to legal entities of the Republic of Belarus, including subjects of small and medium business for financing of investment projects (further - guaranteed loan), and also in interest payment and other payments for use of guaranteed loan.

2. Determine that the guarantee of the Government of the Republic of Belarus is provided after the conclusion:

the general credit agreement between open joint stock company "Belarusbank savings bank and National bank of development of China;

contracts on procedure for use and repayment of guaranteed loan between the Ministry of Finance and open joint stock company "Belarusbank savings bank.

3. To open joint stock company "Belarusbank savings bank provide target use of means of guaranteed loan, its timely repayment, interest payment and other payments for use to them.

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

Prime Minister of the Republic of Belarus

A. Kobyakov

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