Belarus is seeking additional revenues due to reduced proceeds from export duties
The situation has not changed
In 2016, the Finance Ministry expects to raise USD 1.1 billion from duties on exports of petroleum products. Earlier it was estimated that the annual proceeds will be at least USD 1.5 billion. Due to lower proceeds from oil duties, Belarus may step up export schemes to sell petrochemical products produced from Russian oil and increase imports of gasoline and diesel fuel from Russia. Belarus may use any restrictions on fuel supply from Russia to Ukraine to gain additional revenues. Belarus is unlikely to resume large-scale export schemes of bituminous mixtures and solvents, but Russia will not seriously object if such schemes are implemented in reasonable amounts (USD 100-200 million per year).
You have been successfully subscribed
Subscribe to our newsletter
Once a week, in coordination with a group of prominent Belarusian analysts, we provide analytical commentaries on the most topical and relevant issues, including the behind-the-scenes processes occurring in Belarus. These commentaries are available in Belarusian, Russian, and English.
EN
BE/RU
Situation in Belarus
April 15 – April 21
Constitutional referendum: main consequences
April 12, 2022
Speakers: Anatoliy Lebedko, Andrei Kazakevich
Video
How to count the political prisoners: are the new criteria needed?
March 28, 2022
Speakers: Aleh Hulak, Aleh Aheyeu, Viachaslau Kasinierau
Video
Paternalism In Decline, Belarusian Euroscepticism, And The Influence Of Russia
October 11, 2021
Video
The USA has directed sanctions at the Belarusian military-industrial complex
April 15 – April 21
Belarus: “High-Risk Country”
April 8 – April 14
Human Rights in Belarus Remain a Focus of Western Attention
April 1 – April 7
The noose tightens: Poland and the Baltic States take initiative in combating sanctions evasion
March 25 – March 31
Security Forces Establish a System of Intense Surveillance Over Belarusians
April 15 – April 21
Co-aggressor or Peacemaker?
April 8 – April 14
Belarus Suspends CFE Treaty: Preparing for War?
April 1 – April 7
Playing with fire. The Kremlin and Minsk consider the possibility of using nuclear weapons
March 25 – March 31
Diplomatic Successes of Sviatlana Tsikhanouskaya: Asset for Democratic Forces and Investment in the Future?
April 15 – April 21
The Coordination Council Returns to the Agenda of the Democratic Movement
April 8 – April 14
The Coordination Council: A Toxic Asset or a Key Element of the Democratic Forces’ Architecture?
April 1 – April 7
“Hawks” of Democratic Forces: Blitzkrieg Narratives for Political Migrants
March 25 – March 31