Revival of Uralkali and Belaruskali cartel not yet possible

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April 22, 2016 18:46

The Belarusian authorities announced the possibility of further cooperation with Uralkali, but only on the previous terms. However, the Russian party requires a majority stake in the future trader and its location outside the jurisdiction of Belarus, which will not be accepted by the Belarusian party. Differences in opinions prevent rapprochement, and until the redistribution of the potash market enters the final stage, only informal cooperation between the Belarusian and Russian producers is possible. 

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