Decree No. 954 of the Cabinet of Ministers “On measures for implementation of the Presidential Decree No. 347 “On state agrarian policy”. Country/Territory Belarus Document type Regulation Date 2014 Source FAO, FAOLEX Subject Agricultural & rural development Keyword Agricultural development Financial agricultural measures Subsidy/incentive Agricultural commodities Internal trade Geographical area CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia Entry into force notes This Decree of the Cabinet of Ministers enters into force after its official publication. Abstract This Decree validates the Regulation on the procedure for compensation of losses of the producers of agricultural commodities in case of disparity of prices for industrial products, work (services), used by agricultural producers, and prices for agricultural commodities. The scope of the aforesaid Regulation shall be to ensure the equivalence of the value of agricultural commodities and the value of industrial products, works (services) used for manufacturing thereof. Compensation of losses of the producers of agricultural commodities shall be performed with the consideration of price parity index related to industrial products, works (services) used by agricultural commodity producers, and agricultural products sold by them calculated by the National Statistical Committee in accordance with the established procedure, by granting subsidies from the national budget, provided that the complete or partial reduction in the cost (compensation) of raw materials, products, works (services) and measures to regulate prices for agricultural products did not permit to maintain parity of the aforesaid prices. Full text Russian Website pravo.by References - Legislation Implements Presidential Decree No. 347 “On state agrarian policy”. Legislation | Belarus | 2014 Keyword: Policy/planning, Agricultural development, Financial agricultural measures, Subsidy/incentive, Sustainable development, Agricultural commodities, Agricultural land, Right to food, Human rights Source: FAO, FAOLEX Amended by Decree No. 89 of the Cabinet of Ministers amending Decree No. 954 of the Cabinet of Ministers “On measures for implementation of the Presidential Decree No. 347 “On state agrarian policy”. Legislation | Belarus | 2018 Keyword: Financial agricultural measures, Subsidy/incentive, Agricultural commodities, Local government, Smallholders/peasants Source: FAO, FAOLEX