Home » Belarus to be deprived of foreign exchange earnings – business secret

Belarus to be deprived of foreign exchange earnings – business secret

by Edwin Robertson

“After having assessed all the circumstances, the government decided that the treaty did not meet the interests of national security and that from February 1 it will cease to be in force,” he added. declared Lithuanian minister.

“The termination of the agreement between Latvian Railways and Belaruskali is just one of many details of the entire fertilizer transport program. There is no guarantee that the fertilizers will not be transported after the end of the transport in accordance with this agreement, ”added Skuodis.

Earlier, a scandal erupted in Lithuania when it turned out that Latvian railways were continuing to transit Belarusian fertilizers, despite the imposition of US sanctions against Belarus. Then, Marius Skuodis and the Minister of Foreign Affairs Gabrielus Landsbergis deposit resignation, however, Lithuanian Prime Minister Ingrida Šimonyte did not meet their request.

Only the head of the railway company Mantas Kartushka resigned: it turned out that the Lithuanian and Belaruskali railways had made changes to the agreement, which allowed the Belarusian side to pay for deliveries for months to the advance – only about 10 million euros. LD company even tried to return the deposit, but Belarusian banks did not accept it.

Fearing the mechanism of secondary US sanctions, the Lithuanian authorities have announced that they will stop the transit of potassium from December 8, 2021. According to Lithuanian President Gitanas Nauseda, the situation around the Belarusian company has seriously damaged the reputation of the state.

Belarus is a the world’s second-largest exporter of potash fertilizers (after Canada) with sales of around $ 2.8 billion, which is a major source of foreign exchange for the state. Belaruskali produces about a fifth of all potassium fertilizers in the world and employs 16,000 people.

Earlier, “Secret” wrote that the President of Belarus Alexander Lukashenko signed the law “On Amendments to the Criminal Code of the Republic of Belarus”. The amendments introduce criminal liability for calls for the application of sanctions against Belarus, its citizens and organizations.

ото: Pixabay, License from Pixabay

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