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...
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...
Western analysts see an opportunity, but also serious challenges to Belarus' ties with the West. The crisis in Ukraine may be an opening for the West to reconsider its position towards Belarus. Any changes in the West's ties in...
This April the National Bank decided to its reduce refinancing rate, which has remained unchanged for the past 10-months. This measure is, to some degree, a helping hand for the real sector that is facing significant difficulties at present. However, despite...
A nearly four month long “potassium war” between Minsk and Moscow has come to its logical conclusion. It has provided another example of Russia provoking Belarus' president and then quietly accommodating him. As Uralkali manager Vladislav Baumgertner found himself back in Moscow,...
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...
State TV widely reported on a meeting with Alexandr Lukashenka where he discussed the recent potash-related affair, but also its consequences for Belarus-Russia relations: a civilised divorce or a further co-operation...
In August and September, the general public's attention was focused on the dispute between Belaruskali and Uralkali, the world's two largest producers of potash fertilisers. The conflict between two economic entities created additional difficulties for the Belarusian potash industry, as well as...
Belarusian programmers are a hot commodity on the international market. Belarusian ruler Alexandr Lukashenka and the state police of Belarus were awarded the Ig Noble Peace Prize for 2013. A Belarusian physician who criticised the government on youtube says...
Over the last week Belarusian state TV widely covered the international community discussing the situation in Syria and joint military drills with Russia.It also reported on the visit of the head of state to a bicycle company, that had...
Over the last week scandalous arrest of the head of the Russian company “Uralkali” dominated the news on Belarusian state television.The media reported also on the opinion of Russians and Belarusians on the arrest of the CEO of Uralkali.The...
On Monday, Belarusian authorities arrested the general director of Russian potash company Uralkali. Vladislav Baumgertner, who came to Minsk to negotiate with Prime Minster Mikhail Myasnikovich.About a month ago, Uralkali stopped cooperation with...
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...
Chief Executive of OAO Uralkali Vladislav Baumgertner, a Russian national, was detained in Belarus today on an abuse of office charge as chairman of Belarusian Potash Co (BPC). The charge may lead to up to ten years in prison with...
