Adds details, track record
March 30 (Reuters) – Belarus will let providers to export potash fertiliser in response to Western sanctions, starting up on April 6, RIA information agency stated on Wednesday, citing a federal government conclusion.
Belarus is the world’s 3rd-greatest producer of the crop nutrient right after Canada and Russiaand condition-owned Belaruskali is 1 of the world’s greatest players.
RIA mentioned the Belarus authorities would grant export licenses to Belaruskali and the Belarus Potash Co (BPC). Washington has presented BPC purchasers until April 1 to wind down their business with the agency.
This month, the European Union tightened present sanctions on Belarus to totally ban potash exports whilst conceding they could however be despatched to Russia or third nations around the world.
Landlocked Belarus beforehand relied on shipments from the Baltic Sea port of Klaipeda in Lithuania. Vilnius halted the use of its railway for Belarus exports from Feb. 1.
Belarusian President Alexander Lukashenko said on March 21 that the potash current market would have to have to be discreet, like the arms trade, a nearby company described.
(Reporting by David Ljunggren Modifying by Leslie Adler and David Gregorio)
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