New certification rules may boost illegal supply of household appliances to Belarus
According to the Government Resolution No 849 of October 21st, 2016, as of February 1st, 2017, Belarus will introduce a mandatory certification of all imported home appliances. Certification will be required for each consignment of imported products, even those produced in the EEU. Given the certification deadline and terms, as well as the workload at the testing facilities, it would be virtually impossible to test all appliances in a timely manner. This will lead to a sales ban on non-certified products. This measure was designed to boost sales of domestic home appliances and increase the price of those imported. Gray import schemes of home appliances are likely to emerge and retail trade turnover after certification requirements take effect is likely to reduce, so as the range of home appliances on sale. Belarusians are likely to start purchasing home appliances abroad. In addition, other countries may regard new certification rules as restrictive and introduce retaliatory measures against Belarusian goods.
According to Decree No. 221 of June 23rd, 2017, deadlines for the completion of foreign trade operations have been extended from 90 to 180 days for exports and from 60 to 90 days for imports. Delayed payments entailed a fine up to 2% of the transaction cost for each day of the delay, but could not exceed the total cost of the transaction. Most companies, when working with new counterparties, require a deferred payment for a period of three to six months. Due to the new regulation, violations are likely to reduce in number, so as the fines. Trade enterprises are likely to expand the assortment list due to the supply of new products in small lots, and the assortment list of exported Belarusian goods could expand, too. The new terms for completing foreign trade transactions would enable medium and small companies on the foreign trade market, exporters and importers are likely to grow in number and the geography of export-import operations could expand.