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THE ESSENTIAL
Belarus may launch construction of nuclear power plant in January 2009

Belarus may launch the construction of a nuclear power plant in January 2009, First Vice-Premier Vladimir Semashko told a joint session of the Energy Ministry of Belarus. “The construction of the Belarusian nuclear power plant may be launched on January 1, 2009 or may be earlier,” he said. The cost of the construction may reach $5-6 billion. In 2009, the Government intends to allocate Br200 billion from the national budget to finance the construction works.

 

BELARUS INCREASES OIL EXPORT DUTY APRIL 1

On April 1, 2008, Belarus increases the crude oil export duty from $333.8 to $340.1 per tonne. The Council of Ministers issued relevant resolution No. 476 on March 28.

The oil export duty has been revised upward following a similar increase in the export oil duty in the Russian Federation effective from April 1. On April 1, the export duty on oil products will increase to the level of the duties valid in Russia. For example, duties on light oil products (light and middle distillates, liquefied gas, benzol, toluene and xylol) will grow from $237.2 to $241.4 per tonne. Duties on heavy petroleum products (engine oil, processed oil products, mineral wax, oil coke, oil asphalt) will be increased from $127.8 to $130.1 per tonne.

In line with the intergovernmental Belarusian-Russian agreement, export duties on oil and oil products in Belarus are equal to the duties applied in Russia and are introduced on the same date.

In conformance with the Belarusian-Russian agreement, in 2008 the coefficient of 0,335 (instead of the previous 0,293) will be used for calculating the duty on oil supplied to Belarus from Russia.

PUBLICATIONS OF THE COUNCIL OF MINISTERS
  Respublika Newspaper

Belorusskaya Niva/Belarusian Cornfield Newspaper

Economy of Belarus/Economika Belarusi Magazine

Zvyazda Newspaper
 
INTERNET RESOURCES
  President of the Republic of Belarus

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NEWS
Customs procedures for declaring export goods simplified in Belarus

In line with Decree No 1213 signed by the Council of Ministers of the Republic of Belarus on August 22 2008, the customs procedures for declaring export commodities have been simplified.

Report of Government on the performance of the national economy in 2008, draft forecast for the social and economic development, national budget and main guidelines of the monetary and credit policy of Belarus in 2009

A man, his wellbeing, is the centrepiece of the entire state policy.

Belarus ready to host 2 thousand Ossetian kids for recuperation

Belarus will send humanitarian aid to the people of South Ossetia affected by the military conflict, Belarusian Prime Minister Sergei Sidorsky said at the meeting with his Russian counterpart Vladimir Putin on August 14.

 
Belarus to ship Br449.9m worth of humanitarian cargo to South Ossetia

Belarus will provide humanitarian aid to South Ossetia as part of the efforts meant to alleviate consequences of the humanitarian catastrophe. The decision is laid down by the Council of Ministers’ resolution No 1162 of August 13, 2008.

Belarus’ tax calculation and payment practices should meet European standards

Belarus’ practices used to calculate and pay taxes should meet European ones, said Prime Minister of Belarus Sergei Sidorsky at an out session dedicated to simplifying the national taxation system on August 7.

 
Gomselmash to launch production of combine harvesters Polesie GS14 in 2009

Gomselmash Company will start to produce combine harvesters Polesie GS14 in 2009, First Deputy Premier of Belarus Vladimir Semashko said.

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