By Resolution No. 388 of June 15, the Council of Ministers of Belarus provided guarantees to the government on two loans issued to the Belarusian National Biotechnology Corporation (BNBC).

We are talking about loans of Belarusbank for $ 43.3 million and Belgazprombank in Russian rubles in the amount equivalent to $ 33.17 million.

Both loans were issued in July 2021 with a maturity of 30 December 2023 (Belarusbank) and 30 January 2023 (Belgazprombank).

Government guarantees apply to the repayment of the principal amount of the loan.

The Belarusian National Biotechnology Corporation is a company with state and private capital.

Initially, the co-founders of the biotech corporation included the Belarusian state and a number of companies from Russia, China, the UAE and Scotland.

The director of the BNBK, as previously reported, is Daniil Uritsky, who, according to Kyrgyz media, is the former Prime Minister Daniyar Usenov.

In 2013, Usenov was convicted in absentia for abuse of office and violation of land laws, and in 2016 the Supreme Court of Kyrgyzstan found the former prime minister guilty of complicity in murder, attempted murder, abuse of office and abuse of office, abuse of office. .

According to media reports, Daniyar Usenov lives in Belarus.

The Prosecutor General's Office of Kyrgyzstan sought his extradition, but was refused by Belarusian colleagues.

The fifth part of the Belarusian biotech corporation is owned by the nephew of ousted Kyrgyz President Kurmanbek Bakiyev, who is also hiding in Belarus, 31-year-old Asylbek Saliev.

Construction of the BNBK production began in 2018 near Rudensk.

The cost of the project is estimated at $ 733 million.

For its implementation, the Chinese "Eximbank" provided a soft loan of 628 million dollars.

Production of compound feed at the BNBK was planned to start in 2020, and amino acids - by March 2021, but at the beginning of this year the BNBK needed additional investment worth at least 17 million rubles.

Authorities expect that the BNBK will start operating at full capacity from July 1.

It was planned that $ 650 million worth of products would be produced annually and the BNBK would receive $ 300-350 million in net profit a year.