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ARTICLE · 02 JULY 2024

Changes To The Process Of Investing In Belarus

On July 23, 2024 a new edition of the Law of the Republic of Belarus «On Investments» (hereinafter – the Law) comes into force.

BelarusGovernment, Public Sector

On July 23, 2024 a new edition of the Law of the Republic of Belarus «On Investments» (hereinafter – the Law) comes into force. The new edition of the Law is targeted to invigorate investors by providing them with new opportunities to make investments and give a «second life» to public-private partnership in Belarus.

For reference: currently, such investment instruments as, for example, an investment agreement with the Republic of Belarus are not popular with investors due to the complexity of the procedure, insufficient awareness and understanding of possible benefits.

The most significant changes are:

  • establishing a «preferential investment project»;
  • establishing a «special investment agreement»;

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