French giants Auchan, Peugeot face prosecution in Ukraine over work in CrimeaBusiness & Economy April 28, 6:13
White House boasts it ‘isolated Russia’ at UNWorld April 28, 6:07
St Petersburg’s landmark cathedral to get patriarchal statusSociety & Culture April 28, 3:07
Russians to be proud of its F1 racer Daniil Kvyat - Toro Rosso principalSport April 28, 3:02
Moscow holds first night rehearsal of Victory Day ParadeMilitary & Defense April 28, 1:18
Russia’s Kvyat expects full-house attendance at 2017 F1 Russia GP in SochiSport April 28, 1:14
Only OPCW investigation can bring up truth on Khan Sheykhun chemical attack — MoscowWorld April 27, 23:37
Kvyat to race at home F1 GP in Sochi with new helmet design depicting him riding torpedoSport April 27, 21:43
Maria Sharapova gets into quarterfinal of tournament in StuttgartSport April 27, 21:16
MINSK, February 18 (Itar-Tass) – Belaruskali Supervisory Board has approved the creation of a new trader of potash fertilizers – Soyuzkali.
“Last Friday the Supervisory Board approved the creation of Soyuzkali,” the company’s official said on Monday.
Earlier, the Uralkali Board of Directors approved this decision.
The Russian-Belarusian company is expected to be registered in Zug, Switzerland. However, despite the change of jurisdiction the activity of Souyuzkali will be made from Minsk and not from Switzerland. The joint trader, Belarusian Potash Company, will stop the work. A new joint venture will be headquartered in Minsk.
Belarusian First Vice-Prime Minister Vladimir Semashko said the parties pursued this goal long ago. “In principle, documents on the creation of the joint venture were ready a year ago. But certain problems should be solved. Today we can state that necessary documents had been coordinated. Now it is necessary to act by registering the joint venture,” the vice-prime minister told journalists.
At present, the Belarusian Potash Company is the exclusive supplier of fertilizers abroad. Belaruskali (45 percent), the Belarusian Railway (5 percent) and Uralkali (50 percent) are its shareholders.