Boxing Day on Red Square sets new Guinness recordSport July 23, 8:33
Joseph Dunford says Russia most military capable country of those posing threat to USWorld July 23, 4:57
Russia’s US envoy Kislyak steps down, his deputy to act as Charg d'Affaires ad interimRussian Politics & Diplomacy July 23, 1:33
Putin greets KamAZ-Master team - winner of Silk Way RallySport July 22, 15:20
Agreements on East Ghouta zone in Syria signed - Defense MinistryWorld July 22, 14:20
PAK FA offers practically unlimited opportunities to pilot - commanderMilitary & Defense July 22, 11:29
Ukraine's National Broadcasting Board issues fine to Public Radio for 0% Urkainian songsWorld July 22, 5:39
Femen movement activists faces 5 years in jail for trying to frustrate summit meetingWorld July 22, 4:38
Russian Deputy PM dismisses allegations he will arrive in Moldova on warplaneRussian Politics & Diplomacy July 22, 2:46
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.