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The privileges for the export of sawn timber and wood chips at the exchange trading have been adjusted in Belarus

In Belarus, from November 14, 2021, the rule on the exemption of business entities from the obligatory conclusion of transactions for the export of sawn timber and wood chips at exchange auctions has been canceled. From that date, companies will not be able to export commodity items 4101, 4401 21 000 0, 4401 22 000 0, 4403 and 4407 outside of trading on the Belarusian Universal Commodity Exchange. The changes are provided for by the Decree of the President of the Republic of Belarus dated October 12, 2021 No. 5.

Thus, conditions for equal competition between participants in the sawn timber market, the formation of a fair market price, and the exclusion of uncontrolled export of products with a low degree of processing are created in the country. Earlier, to prevent a shortage of timber, export duties were imposed on wood products in Belarus. Depending on the type of materials, customs duties per cubic meter of products are 100 euros or from 2 to 6.5% of the customs value.

In the amended Decree No. 6 "On stimulating activities in the territory of medium-sized urban rural settlements, rural areas", paragraph 1.3.1 refers to commercial organizations, individual entrepreneurs, as well as commercial organizations of the Republic of Belarus that have separate subdivisions, in terms of the activities of separate subdivisions, will be presented as follows:

are exempted from the obligatory conclusion of transactions at the exchange auctions of the open joint-stock company "Belarusian Universal Commodity Exchange" when purchasing raw materials, components and materials for their own production (except for the acquisition in whole or in part at the expense of budgetary funds and (or) funds of state extra-budgetary funds by recipients of such funds) , as well as when selling goods of own production for export (with the exception of goods classified in commodity items
 4101, 4401 21 000 0, 4401 22 000 0, 4403 and 4407 of the unified Commodity nomenclature of foreign economic activity of the Eurasian Economic Union)

Subclause 1.3.1 of clause 1 of the Decree of the President of the Republic of Belarus of May 7, 2012 No. 6, taking into account the changes of October 12, 2021