According to internal press reports, the Belarussian government has taken one step further in bringing to an end the dispute over the sale of its Minsk-based Krynitsa brewery to Baltika. The government has apparently now sent a draft investment agreement to Baltika, which will see the state hand over to a 50% plus one share to Baltika in Krynitsa in three stages. The first stage will see Baltika receive a 30% stake in return for US$11.15m as a long-term credit and $13.35m as payment for an additional share issue by the Minsk brewery.