/ / Legal News
11.09.2017

Development Bank of the Republic of Belarus to provide credits to non-residents to facilitate the export of Byelorussian goods

According to Edict of the President of the Republic of Belarus of 4 September 2017 No 317 that amended Edict of the President of the Republic of Belarus of 25 August 2006 No 534 “On facilitating development of export of goods (works, services), the Development Bank of the Republic of Belarus shall provide export credits in the amount of up to 85 percent of the value of an export contract to non-residents acquiring goods imported from Belarus and to non-resident banks for financing acquisition of such goods.

The Edict No 317 was officially published in Russian on the National Legal Internet Portal of the Republic of Belarus on 7 September 2017 and entered into force after its official publication.