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Putin, Lukashenko proposed to compensate for the losses Belarus

Путин предложил Лукашенко компенсировать потери Белоруссии

Lukashenko spoke about the “unexpected offer” Russia for oil.

Russia has made a “surprise offer” Belarus on oil. This was announced by Belarusian President Alexander Lukashenko, BelTA reports.

He told about the phone call from Russian counterpart Vladimir Putin, in which the parties discussed the supply of raw materials. According to Lukashenko, speaking about the losses of Belarus from the tax maneuver in Russia, Putin proposed to compensate for Minsk.

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“If we received last year from duty of $ 1 billion, for example, and this year due to the reduction of the duty (aka all the time is reduced) will receive 700 million. He said we $ 300 million will compensate,” — said Lukashenko.

According to the agreements between Moscow and Minsk, Belarus in recent years duty-free purchased from Russia 24 million tons of oil and of them re-exported 6 million tons, remitting the export duty in the budget. However, due to the tax maneuver in Russia, which takes place in 2019, the export duty on oil is gradually reduced and completely reset to zero by 2024. At the same time increases the tax on mineral extraction. Because of this, the price of raw materials for Belarus will rise to world average excluding transportation costs.

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