Belarus to sign new agreements on leasing and loan incentivization for commodity supplies to Russia, Ukraine, Moldova
<p> MINSK, Jun 23 - PrimePress. The government of Belarus will sign agreements on leasing terms for supplies of Belarusian commodities with Russian A-Leasing LLC, Transport Leasing Company LLC, Tyazhpromleasing LLC, Chelyabinsk Industrial Leasing Company LLC and Ukrainian Alpha Leasing Ukraine LLC (Council of Ministers’ resolution No.355 of June 19, 2020 posted on the government’s website. </p> <p> </p> <p> The resolution also approves the draft agreement with Moldovan Banca de Finanţe şi Comerţ SA on the terms for issuing loans for the purchase of Belarusian goods by Moldova. </p> <p> </p> <p> The agent banks for fulfilling the terms are BelVEB Bank OJSC under the agreements with A-Leasing OJSC and Alfa-Leasing Ukraine LLC, BPS-Sberbank OJSC under the agreement with Transport Leasing Company LLC, VTB Bank CJSC (Belarus) under the agreements with Tyazhpromleasing LLC and Chelyabinsk Industrial Leasing Company LLC, Belarusbank JSB under the agreement with Banca de Finanţe şi Comerţ SA. Banks’ fees are set at or below 0.02% of the amount subject to refunding by the Republic of Belarus from the republican budget. </p> <p> </p> <p> Similar agreements had been previously signed with a number of foreign leasing companies and banks. Belarus provides a refund to foreign buyers from the national on a part of leasing payments under leasing agreements, a part of interest on loans, and a part of fees for post-financing letters of credit. The government approves the list of manufacturers and commodities subject to preferential treatment. End </p>
2020-06-24
Primepress
MINSK, Jun 23 - PrimePress. The government of Belarus will sign agreements on leasing terms for supplies of Belarusian commodities with Russian A-Leasing LLC, Transport Leasing Company LLC, Tyazhpromleasing LLC, Chelyabinsk Industrial Leasing Company LLC and Ukrainian Alpha Leasing Ukraine LLC (Council of Ministers’ resolution No.355 of June 19, 2020 posted on the government’s website.
The resolution also approves the draft agreement with Moldovan Banca de Finanţe şi Comerţ SA on the terms for issuing loans for the purchase of Belarusian goods by Moldova.
The agent banks for fulfilling the terms are BelVEB Bank OJSC under the agreements with A-Leasing OJSC and Alfa-Leasing Ukraine LLC, BPS-Sberbank OJSC under the agreement with Transport Leasing Company LLC, VTB Bank CJSC (Belarus) under the agreements with Tyazhpromleasing LLC and Chelyabinsk Industrial Leasing Company LLC, Belarusbank JSB under the agreement with Banca de Finanţe şi Comerţ SA. Banks’ fees are set at or below 0.02% of the amount subject to refunding by the Republic of Belarus from the republican budget.
Similar agreements had been previously signed with a number of foreign leasing companies and banks. Belarus provides a refund to foreign buyers from the national on a part of leasing payments under leasing agreements, a part of interest on loans, and a part of fees for post-financing letters of credit. The government approves the list of manufacturers and commodities subject to preferential treatment. End