Government of Belarus considers extending benefits for road carriers
<p> MINSK, Nov 1 - PrimePress. The Government of Belarus is considering the possibility of extending privileges for motor carriers. Prime Minister Roman Golovchenko made a statement to this effect following his visit to Primway LLC in Minsk District, the government’s press service said. </p> <p> </p> <p> Golovchenko said that the VAT and scrappage benefits that have been in place for several years for the import of trucks with Euro 6 engines into Belarus have worked well. “And today we discussed the prospect of extending this regime until 2022,” he said. </p> <p> </p> <p> “Belarus is a transit country, and services export is very important for us, given that we always have a sustainable surplus in services trade. And road transportation ranks second in the services sector after ITC services. We have exported more than $1 billion worth of these services in Jan-Aug. And today, carriers have promised to make $1.7 billion to $1.8 billion for the year. And next year the figure will exceed $2bn,” Golovchenko said. </p> <p> </p> <p> As previously reported, since 2017 Belarus has been aiming to create a favourable regulatory environment so that trucking companies could upgrade their fleet to Euro 6 emissions standards. </p> <p> </p> <p> To encourage trucking companies to purchase foreign-made trucks meeting Euro 6 emissions standards (or higher), if no similar trucks are produced in Belarus, a relevant presidential ordinance authorized VAT-free imports of trucks by Belarus-based companies, provided the trucks met Euro 6 emissions standards (or higher) and were produced not more than 12 months before the date of import. The ordinance reduced the recycling fee for trucks like that by introducing 0.3 quotients to the base rate. The effect of the ordinance was extended for the 2020-2021 period. End </p>
2021-11-02
Primepress
Government of Belarus considers extending benefits for road carriers
MINSK, Nov 1 - PrimePress. The Government of Belarus is considering the possibility of extending privileges for motor carriers. Prime Minister Roman Golovchenko made a statement to this effect following his visit to Primway LLC in Minsk District, the government’s press service said.
Golovchenko said that the VAT and scrappage benefits that have been in place for several years for the import of trucks with Euro 6 engines into Belarus have worked well. “And today we discussed the prospect of extending this regime until 2022,” he said.
“Belarus is a transit country, and services export is very important for us, given that we always have a sustainable surplus in services trade. And road transportation ranks second in the services sector after ITC services. We have exported more than $1 billion worth of these services in Jan-Aug. And today, carriers have promised to make $1.7 billion to $1.8 billion for the year. And next year the figure will exceed $2bn,” Golovchenko said.
As previously reported, since 2017 Belarus has been aiming to create a favourable regulatory environment so that trucking companies could upgrade their fleet to Euro 6 emissions standards.
To encourage trucking companies to purchase foreign-made trucks meeting Euro 6 emissions standards (or higher), if no similar trucks are produced in Belarus, a relevant presidential ordinance authorized VAT-free imports of trucks by Belarus-based companies, provided the trucks met Euro 6 emissions standards (or higher) and were produced not more than 12 months before the date of import. The ordinance reduced the recycling fee for trucks like that by introducing 0.3 quotients to the base rate. The effect of the ordinance was extended for the 2020-2021 period. End