Belgium seeks to ease sanctions against Belarus on potash fertilizers
https://sputnik.by/20211019/belgiya-dobivaetsya-smyagcheniya-sanktsiy-protiv-belarusi-po-kaliynym-udobreniyam-1057310351.html
Belgium seeks to ease sanctions against Belarus on potash fertilizers
Belgium seeks to ease sanctions against Belarus on potash fertilizers
Potash sanctions were imposed by the European Union in June this year. 19.10.2021, Sputnik Belarus
2021-10-19T19: 40 + 0300
2021-10-19T19: 40 + 0300
2021-10-19T19: 41 + 0300
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sanctions
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potash fertilizers
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MINSK, October 19 – Sputnik. Belgium is trying to ease the community’s sanctions against Belarus on the supply of potash fertilizers to EU countries, Bloomberg reported, citing a letter from Belgian diplomats addressed to other member states. caused difficulties for European companies. export to Europe potassium chloride with an active substance in terms of potassium oxide of less than 40% or more than 62% Belgium requires the EU leadership to allow deviations from these standards within 2%. Otherwise, if a company from Europe buys potassium outside the republic, this will lead to a decrease in prices for the products they produce. Export of potash fertilizers and petroleum products, as well as manufacturers of tobacco products. The sale of a number of technologies and equipment to Belarus was also banned. MAZ, BELAZ and Belaeronavigatsia filed lawsuits against the Council of the European Union & gt; & gt; & gt; Earlier, the EU expanded the list of Belarusian civil servants and businessmen who fell under targeted sanctions: it now includes 166 people and 15 institutions. Targeted sanctions include entry bans and asset freezes. Prime Minister of Belarus Roman Golovchenko said that the damage could amount to 3% of GDP. The head of the Belarusian approval, while this cumulative effect will be felt by Belarus.
https://sputnik.by/20211018/kak-belarus-polmira-nakormila-pochemu-eksport-v-es-rastet-vopreki-sanktsiyam-1057279695.html
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Belarus news, sanctions, economy, eu, potash fertilizers
Potash sanctions were imposed by the European Union in June this year.
The letter says that the sanctions against the republic related to the supply of potash to the EU caused difficulties for European companies.
It notes that if the Belarusian side finds other buyers, companies from Europe may suffer losses.
According to EU sanctions, Belarus cannot export potassium chloride to Europe with an active substance content in terms of potassium oxide of less than 40% or more than 62%.
Belgium asks the EU leadership to allow a deviation from these norms within 2%. Otherwise, if a company from Europe buys potassium outside the republic, this will lead to a decrease in the quality of products.
Sanctions
The European Union has already introduced four packages of economic sanctions against Belarus. They covered the export of potash fertilizers and petroleum products, as well as manufacturers of tobacco products.
In addition, the EU closed Belarus access to its financial markets, banned insurance and re-insurance of Belarusian state-owned enterprises, and stopped payments from the European Investment Bank. The sale of a number of technologies and equipment to Belarus was also banned.
Earlier, the EU expanded the list of Belarusian civil servants and businessmen who fell under targeted sanctions: it now includes 166 people and 15 institutions. Targeted sanctions include entry bans and asset freezes.
Simultaneously with the EU, restrictions on Belarusian officials, security officials and institutions were expanded by the United States, Canada and Britain.
Minsk reaction
In a situation of increasing sanctions pressure, President Alexander Lukashenko has repeatedly noted the role of Russia as the main ally, which provides all-round support and demonstrates its readiness to meet halfway.
Commenting on the new restrictions of the West, Prime Minister of Belarus Roman Golovchenko said earlier that the damage could amount to 3% of GDP. The head of the Belarusian approval, while no one will sit and wait for this cumulative effect to be felt by Belarus.
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