Accident at Uralkali’s mine might improve Belaruskali’s financial performance in 2015
Due to an accident, all works at the "Solikamsk-2" mine have been suspended, and the mine is at high risk of flooding.
As a result, Uralkali’s production volumes may reduce by 20%. Meanwhile, demand on the potash market remains high, Belarus is expected to start negotiations with Chinese consumers over 2015 supplies. Prices on potash fertilisers are expected to grow, partly due to lower production by Uralkali, one of the industry’s major players. Belaruskali will improve its bargaining positions with customers. The enterprise’s new management may take into account the changing circumstances and readjust the maintenance schedule in 2014 in order to increase production.
The Belarusian authorities regard the Catholic conference as yet another international event to promote Minsk as a global negotiating platform. Minsk’s proposal to organise a meeting between the Roman-Catholic Church and the Russian Orthodox Church is rather an image-making undertaking than a serious intention. However, the authorities could somewhat extend the opportunities for the Roman-Catholic Church in Belarus due to developing contacts with the Catholic world.
Minsk is attempting to lay out a mosaic from various international religious, political and sportive events to shape a positive image of Belarus for promoting the Helsinki 2.0 idea.
Belarus’ invitation to the head of the Holy See for a meeting with the Patriarch of the Russian Orthodox Church should be regarded as a continuation of her foreign policy efforts in shaping Minsk’s peacekeeping image and enhancing Belarus’ international weight. The Belarusian authorities are aware that their initiative is unlikely to find supporters among the leadership of the Russian Orthodox Church in Moscow. In Russia, isolationist sentiments prevail.
In addition, for domestic audiences, the authorities make up for the lack of tangible economic growth with demonstrations of growth in Minsk’s authority at international level through providing a platform for religious, sportive and other dialogues.