MINSK/MOSCOW, Nov 21 (Reuters) – Belarus has handed the CEO
of potash producer Uralkali to Russian authorities,
Belarussian state TV reported on Thursday, paving the way for
the neighbours to settle a row over one of Belarus’s main
sources of foreign income.
Vladislav Baumgertner was detained in Minsk about a month
after Uralkali quit a cartel with its state-run partner in
ex-Soviet Belarus, triggering a price fall that infuriated
Belarus President Alexander Lukashenko, Russia’s closest ally.
MINSK, Sept 19 (Reuters) – Belarus said on Thursday it was
ready to repatriate the head of Russian potash producer Uralkali
, arrested last month to protests from Moscow, but
wanted a change of ownership in the firm that would restore
strong commercial links with Belarus.
President Alexander Lukashenko, taking a conciliatory tack
after weeks of tension following the July collapse of a
lucrative sales cartel, said he wanted to prevent the potash row
becoming a major stumbling block in his ties with Russia.
MINSK, Sept 13 (Reuters) – A court in Belarus rejected a
second appeal by the chief executive of Russian potash producer
Uralkali, keeping him in detention pending
investigation into alleged abuse of power despite calls from
Russia for his release.
Friday’s ruling kept the diplomatic row between Russia and
its ex-Soviet ally ticking over in the wake of the collapse of
their potash sales cartel as speculation mounted of a shake-up
MOSCOW/MINSK, Aug 27 (Reuters) – Russia demanded on Tuesday
the release of the head of Russian company Uralkali,
whose arrest in Belarus threatens to turn a business dispute
that shook the $20-billion global potash market into a major
Vladislav Baumgertner, chief executive of the world’s
largest potash producer, was detained on Monday at the airport
of the Belarusian capital Minsk after being invited to secret
talks with Prime Minister Mikhail Myasnikovich.
MINSK/MOSCOW, Aug 26 (Reuters) – Belarus detained the head
of Russia’s Uralkali, the world’s top potash producer,
after he met the country’s prime minister on Monday, drawing a
fierce rebuke from Moscow in an escalating dispute over the
collapse of a cartel.
Vladislav Baumgertner was detained on suspicion of abusing
his position and official powers over Uralkali’s decision to
quit the Belarusian Potash Co (BPC) joint trading venture,
according to investigators in Belarus.
MINSK, Aug 5 (Reuters) – Belarussian potash producer
Belaruskali aims to tap new markets and strengthen trading
relationships in Qatar and Brazil, the state-owned company said,
laying out new strategic aims following the break-up of a
Russian trading venture.
The shift comes after Russia’s Uralkali
quit a marketing venture formed with Belaruskali, called
Belarusian Potash Company (BPC), on July 30 and said it would
funnel sales through a Swiss-based operation instead.
MINSK (Reuters) – Belarussian potash producer Belaruskali said it was not consulted by Uralkali (URKA.MM: Quote, Profile, Research, Stock Buzz) before the Russian company quit their joint venture, as it promised a new sales strategy to address the expected impact of its partner’s exit.
Uralkali’s decision to dismantle the Belarus Potash Company (BPC), one of the world’s two big potash cartels, pummeled the shares of companies around the world that produce potash and heralded a price war for the key crop nutrient.
MINSK/MOSCOW, April 23 (Reuters) – Russia plans to deploy
fighter jets in Belarus this year and eventually establish an
air base in the former Soviet republic, Russian Defence Minister
Sergei Shoigu said on Tuesday.
The moves would increase Russia’s military presence in
Belarus, viewed by Moscow as a buffer between Russia and NATO,
and could unnerve neighbouring members of the Western alliance.
MINSK/MOSCOW, Dec 21 (Reuters) – Russia plunged back into
the disputes over energy with Ukraine and Belarus that have
repeatedly disrupted oil and gas supplies to European Union
countries, and it also termed EU energy policy as “uncivilised”.
Russia on Friday denied remarks by Belarussian President
Alexander Lukashenko that it had agreed to increase its crude
oil supplies to Minsk, vital for the Belarus economy, and said
that it still intended to cut them next year.
MINSK, Nov 27 (Reuters) – Belarus’s central bank is unlikely
to raise its key rate in December, bank governor Nadezhda
Yermakova said on Tuesday, despite a call for urgent tightening
from the International Monetary Fund.
The IMF urged the former Soviet republic last month to start
raising interest rates immediately, and avoid overstimulating
its economy, to keep a lid on inflation and maintain stability
after a crisis last year which led to a 65-percent rouble