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Transit wars weaken both Belarus and the Baltics
For more than a month, Alexander Lukashenka has been threatening to stop exporting Belarusian goods via Baltic states’ ports, and to halt their transit via the Baltics and Poland. Alongside other measures taken by him, such as in the...
19 April 2017
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Belarus – Turkmenistan: the end of a success story?

On 30-31 March, talks were held in Ashgabat between Turkmen president Gurbanguly Berdimuhamedov and his Belarusian counterpart Alexander Lukashenka. The launch of the $1bn Garlyk potash fertiliser plant which Belarus built in the country differentiated this encounter from other such...

8 July 2016
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A New Big Potash Deal between Belarus and China?

June 2016 became a breakthrough month for the potash industry in Belarus. The state-owned company “Belaruskali” managed to sign two long-awaited contracts with two major potash consumers – India and Bangladesh. However, the main news came from China: on June...

13 January 2016
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Belaruskali: The Enterprise that Saved Belarus in 2015

Belaruskali, the world's second-largest producer of potash​, fared much better in 2015 than the Belarusian economy as a whole. In spite of weak commodity markets, the state-owned company's annual export revenues are likely to be roughly the same as in...

9 October 2013
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Belarus Is Losing the Potash War

A conflict between Belarusian authorities and Russian potash giant Uralkali, by all assessments, comes to its conclusion. Uralkali CEO Vladislav Baumgartner left his KGB-prison cell for house arrest in a hidden apartment. At the same time, a major owner and shareholder...

30 August 2013
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External and Domestic Shocks – Digest of Belarusian Economy

In July, GDP growth somehow gained momentum, but was still very modest and difficult to place confidence in. Shrinking external demand is one of the core problems for the national economy, although the authorities attempt to compensate these losses...