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Tuesday, 04 August 2009
Resolution No. 991 applies to state-run companies and companies with government share only
MINSK, 4 August (BelTA) – Resolution No. 991 “On some issues regarding the acquisition of products in Belarus” applies only to state-run companies and companies with a government share, Prime Minister of Belarus Sergei Sidorsky said at a session of the Presidium of the Council of Ministers on 4 August.
The major objective of the document is to eliminate mediation as much as possible in this country, Sergei Sidorsky said. The President has adopted several decisions regarding the acquisition of material assets under direct contracts from producers, he said. “But, unfortunately, amid the global financial crisis, many companies work with foreign legal entities that had 6,300 firms registered in Minsk alone. And these firms are not involved in production activities,” the Prime Minister said. They import material assets including component parts and other materials for state-run companies and companies with a government share. Products worth $600 million were imported to this country in January-June. These firms do the job of the marketing departments of state-run companies and companies with a government share.
Sergei Sidorsky stressed that the measure is aimed to bring order to this business. The companies should be provided with material assets by marketing departments that get wages for that, the Prime Minister said.
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