Putin urges Belarus to observe financial conditions

Speaking at the EurAsEC Interstate Council on Wednesday, Putin said, "I want to ask you that the conditions, which were coordinated by Belarus and our experts, will be observed timely."

"We understand that it is not easy. Now it is necessary to implement the decisions in order to make them to work effectively," the Russian prime minister stressed.

Putin recalled that the first tranche, 800 million U.S. dollars, had been provided to Belarus. "Now a decision should be taken to provide the next tranche - 445 million U.S. dollars," he added.

The total sum of the EurAsEC loan to Belarus reaches three billion U.S. dollars.

Earlier, Belarusian Prime Minister Mikhail Myasnikovich said the country did not give up a loan from Sberbank at the sum of two billion U.S. dollars.

"Now we are working on changing the terms, including on its early repayment. We believe that this loan can be received based on export contracts," the prime minister said.

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