Russian and Belarusian auctioneers of Belarusian Potash Company (BPC) have agreed on principal issues of establishing Soyuzkali. “Contradictions were eliminated, and at the moment we are working on algorithms of the cooperation between Russian and Belarusian auctioneers,” spokesman for BPC Filipp Gritskov informed Telegraf, while commenting on the results of the meeting of the panel of the Council of Ministers held on August 30th.
As Telegraf reported earlier, on August 28th First Vice Premier Vladimir Semashko stated that Belarus and Russia had to decide on two crucial issues on establishing Soyuzkali: sales volume ratio between Belaruskali and Uralkali on foreign markets and developing price formula of potash fertilizers.
The new organization “Soyuzkali” is by its nature the similar organization as BPC, but of a higher level, said First Vice Premier.
Belarusian Potash Company was founded in 2005. The auctioneers of the company are Belaruskali (45%), Uralkali (50%) and the Belarusian Railway (5%). The BPC’s share on the world market of potash fertilizers export takes up 40%.