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Decree on Development of the Digital Economy
On 21 December 2017 Alexander Lukashenko signed the Decree which significantly improves the conditions for residents of the High-Tech Park and makes our country much more competitive in terms of creation of a modern digital economy. The provisions of the Decree came into force on 28 March 2018.
Bank Transfer under the new rules
On 29 January 2018 the Management Board of the National Bank introduced a number of changes to the Instruction on the bank transfer.
The refinancing rate reduced to 10.5%
On 14 February 2018 the refinancing rate of the National Bank was reduced from 11% and now stands at 10.5%.
A United and Mandatory System ofmarking of goods will be implemented in the EEU
On 2 February 2018 the Heads of Governments of member countries approved the creation of the EEU goods marking system using the means of identification. Regulation on the marking of means of identification of goods in EEU was accepted in 17 May 2017 and this document identified the main goals and assigned group for the implementation of the system development.
Mandatory Mediation in Labour Disputes
Law of Labour Courts numbered 7036 (the “Law”) published in the Official Gazette No. 30221 dated October 25, 2017; introduced fundamental changes in the settlement of labour disputes. The radical changes implemented with the Law are as follows.
Regulations on Trade of Second-Hand Motor Land Vehicles
The system has changed for trade of second-hand vehicles. From 13 February 2018 there will be warranty for second-hand vehicles.