Commentary to Decree No. 317 of 4 September 2017

    The Development Bank of the Republic of Belarus (DBRB) has been authorized to issue export loans with state support to a nonresident or a foreign bank for the payment for Belarusian products sold by an official representative of a Belarusian organization. Belarus President Aleksandr Lukashenko signed corresponding decree No. 317.

    Loan will be provided when high-tech investment products made by Belarusian organizations are exported provided that these products are included in the list of goods approved by Council of Ministers’ resolution No. 279 of 6 April 2016. The loan can cover up to 85% of the product’s value.

    The decree is designed to promote export and boost the export of Belarusian products to foreign markets, especially to distant countries.