Russia will leave Belarus without money

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Photo: Vasily Fedosenko / Reuters

The Russian authorities never talked about compensation for lost oil revenues for Belarus, which insists on the Minsk. This was stated by Prime Minister Dmitry Medvedev, reports Monday, January 14, TASS reported.

“In fact, we help [Belarus], removing money from our economy. It should be appreciated, speaking about allied relations,” said Medvedev.

According to him, Russia, despite the statements of President Alexander Lukashenko did not give specific promises of Belarus or other countries on income compensation that falls due to the tax maneuver: “Although the number of cases in recent years, we at the request of these countries was to provide them with a variety of irrevocable support”.

While Moscow will continue to support the Belarusian economy with credit. The last of them was allocated for the construction of a nuclear power plant in the Grodno region. Excluding total disbursements reached $ 6.5 billion.

Earlier, Lukashenko said that counting on financial assistance from Russia in connection with the tax maneuver in the oil industry. According to him, by 2024 the export duty on oil, petroleum products and gas will be phased out, and instead increased the tax on mineral extraction (met). Because of this disrupted the supply chain of oil to Belarus.

Currently, the Minsk buys 24 million tons of Russian fuel a year. 18 million of them go for processing at Belarusian plants, and another 6 million are re-exported to Europe. Oil is delivered to Belarus without levying export duties on the border, and therefore, the final price is below the current world is of this magnitude. When the re-export of the fuel duty goes to the Belarusian budget.

The abolition of export duties in Russia means that the oil will be supplied to Belarus at higher world prices and Minsk will have to cancel the customs duties on the border to maintain the profitability of its oil companies. Lukashenko estimates the losses of the Belarusian budget of $ 10 billion, and claims that Russia had promised to compensate them.

Video, photo All from Russia.

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