Since October 2022, Government Resolution No. 713, which sets
out the measures to regulate prices, has been in force in Belarus
(https://pravo.by/document/?guid=12551&p0=C22200713&p1=1&p5=0).
Price restrictions affect producers, importers and sellers of goods
on the Belarusian market. The list of regulated consumer goods
includes 330 items, including food, clothes, electrical goods, cars
and spare parts, construction materials.
The Government Resolution allows to raise prices only upon the
consent of the local authority or its commissions. However, the
Ministry of Antimonopoly Regulation and Trade may annul such a
decision.
On June 8, 2023, the Belarusian Government adopted Resolution
No. 713 (3), which amends the price regulation rules. The
Resolution introduces new grounds for exemption from the approval
of the local authority:
