Potash sales in 2014 provided by dumped prices

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April 22, 2016 18:46

In February the Belarus Potash Company (BPC) won a tender to supply 250 tonnes of potassium chloride to Indonesia and signed an agreement to supply potash to Russia’s FosAgro.

The BPC had to dump the potash prices to sign these contracts and to preserve the foreign currency proceeds. Lower prices will ensure that Belaruskali’s capacities are fully utilized while Belarus’ agreement with Brazil is pending (Uralkali has become active in the region). The BPC export strategy implies that Belarus has an acute need in foreign currency proceeds – she has prioritized volumes over profitability. 

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Minsk attempts to make up for image losses from military exercises by opening to Western values
October 02, 2017 11:49
Image: Catholic.by

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.

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