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The economies of Belarus, Russia and Kazakhstan should deal with the global crisis using joint efforts, said Prime Minister of Belarus Sergei Sidorsky during a visit to Belarusian Autoworks in Zhodino on January 5. At present, the complementarity of the Belarusian and Russian economies is 60%-90% in certain kinds of cooperation. “Russia’s GAZ Group, KAMAZ and Grodno-based Belkard that supplies parts to Russia have stopped their production,” the Premier said.
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BELARUS REDUCES OIL EXPORT DUTY NOVEMBER 1
On November 1, 2008, Belarus reduces the crude oil export duty from $372.2 per tonne to $287.3 per tonne. The Council of Ministers issued relevant resolution No 1668.
The oil export duty has been revised downward following a similar reduction in the export oil duty in the Russian Federation effective from November 1. The export duty on oil products will be reduced 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 be reduced from $263.1 to $205.9 per tonne. Duties on heavy petroleum products (engine oil, processed oil products, mineral wax, oil coke, oil asphalt) will be cut from $141.7 to $110.9 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 will be used for calculating the duty on oil supplied to Belarus from Russia. From November 1 the duty for Belarus makes up $96.2 per tonne.
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© 2005-2008 Staff of the Council of Ministers of the Republic of Belarus
No part of this information may be reproduced in any form without reference
Information support from the Republican Unitary Enterprise Belarusian News Agency
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The Government of Belarus issued Resolution No 2020 to introduce a new minimum wage.
In line with the resolution, the monthly minimum wage will amount to Br229,000, the hourly minimum wage – to Br1,360.
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Only export-oriented and competitive companies will be supported by the state, said Prime Minister of Belarus Sergei Sidorsky at a session of the Presidium of the Council of Ministers to discuss the measures to maintain the stability of the country’s key and other enterprises on December 23.
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Prime Minister of Belarus Sergei Sidorsky thinks it necessary to accelerate the transition to the regional currency in the payments between economic entities of Belarus and Russia. He voiced this opinion at the meeting with Chairman of the Russia’s State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank) Vladimir Dmitriev on December 20.
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Belarus welcomes any investors who have concrete plans concerning the period of projects implementation and projects financing, Deputy Prime Minister of Belarus Viktor Burya told.
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Belarus is interested in liberalizing mutual trade with the European Union, Vice-Premier of Belarus Andrei Kobyakov said as he met with the head of the EC Delegation in Ukraine and Belarus, Mr Jose Manuel Pinto Teixeira, in Minsk on December 18.
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By the end of 2008 the Government of Belarus will pass
new legal instruments to facilitate administrative procedures and liberalise the economy, Prime Minister of Belarus Sergei Sidorsky said on December 17
during the Belarus Government Quality Achievements Award 2008 ceremony.
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Fishman Group is ready to put $500 million in the
construction of a set of facilities in the Belarusian High-Tech Park, company’s co-owner Eliezer Fishman told reporters after his meeting with Prime
Minister of Belarus Sergei Sidorsky on December 17.
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Some Br590 billion was saved in 2008 due to streamlined financing of innovation projects, Vladimir Matiushkov, Chairman of the State Science and Technology Committee of Belarus, said at a session of the Presidium of the Council of Ministers chaired by Prime Minister of Belarus Sergei Sidorsky on December 16.
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