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1. Insert a, the, or zero articles.
FREE ECONOMIC ZONES
___ Free Economic Zone is ___ part of ___territory of ___ country with ___
exactly defined borders and ___ special legal regime that provides more favorable conditions for ___ business. Basically, ___ objective of these zones is to attract and ensure ___ effective use of foreign and national investments, for ___ creation and development of goods for export, and will be based on ___ latest technologies, as
well as effectively using ___ available production space.
There are 6 free economic zones in the Republic of Belarus. ___ appeal, for ___ potential investor, of ___ special legal regime like FEZ, is preferential taxation. ___residents of the FEZ pay certain taxes at reduced rates: profit tax – 12%, transport duty – 1.5%, VAT – 9%. Excise duties are applied by ___ residents of FEZ at ___ halved rate.
Profit received by ___ residents of FEZ from ___ realization of goods (works, services) of own production is exempt from ___ profit tax for ___ period of 7 years as from receiving such profit. Besides, ___ residents of FEZ do not pay ___ turnover tax at ___ rate of 2%.
2. Open the brackets minding tense forms of the verbs.
In May 2007 Russian Gas Giant "Gazprom" (sign) an agreement with the Belarusian government on acquisition of a 50% stake in the national gas pipeline monopoly "Beltransgaz" for US $ 2.5 billion. The deal (become) the largest investment offer in the history of independent Belarus.
Payment (be) in four annual tranches in 2007-2010. Gazprom thus (acquire) 12.5% in Beltransgaz every year.
The shares of Beltransgaz to be sold to Gazprom may not be disposed of or otherwise encumbered before the transaction (complete).
Within 50 days of acquisition of the first 12.5% stake in Beltransgaz by Gazprom, Beltransgaz (call) an extraordinary general meeting to elect new members of the supervisory board, according to the contract.
On December 31 2006, Gazprom and the Belarusian government also (sign) an annex to the protocol on a joint gas transport venture, supplies, and transit of natural gas through Belarus.
The document (envisage) a gradual increase in the wholesale markup on natural gas that Beltransgaz (sell) to domestic consumers in 2008-2010 and a commitment on the Belarusian side not to introduce the golden share rule in Beltransgaz.
On December 31 2006, Belarus and Russia (sign) a protocol to establish a joint gas transport venture on the basis of Beltransgaz by June 12007 and regulate natural gas supplies and transit.
3. Fill in the gaps with the given prepositions.
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