Belarus eyes Ventspils Port terminal

The Belarusian government would like to acquire a controlling stake in Kalija Parks, a company that owns a Ventspils Port terminal, Regnum quoted Uladzimir Syamashka, Belarus' first deputy prime minister, as saying at a recent Belarusian-Latvian investment forum held in Minsk. Syamashka reportedly discussed a possible deal with Latvia's Economy Minister Kaspar Gerhards.   Syamashka expressed concern about a decrease in transits of Belarusian potash fertilizers via Latvia. "Three years before we transshipped about 3.8 million tons a year via the Port of Ventspils, while in the first nine months of this year only 900,000 tons was shipped. It will be a total of1.2 to 1.3 million tons this year," he said.

Syamashka blamed the decrease on high rates set by Latvijas dzelzceļš.