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Norways's Yara to stop purchasing potash fertilizers from Belarus by April 1
Yara will no longer purchase Belaruskali products / Euroradio
The Norwegian company Yara will stop buying potash from Belarus by April 1, the company's statement says.
Yara's management claims the decision was due to the international sanctions that have made further trade impossible.
"Yara is committed to complying with all applicable laws and regulations, including sanctions. Although Yara’s sourcing from Belarus is in full compliance with applicable sanctions, other parts of the supply chain are withdrawing essential services required to enable potash exports from Belarus, as a result of which Yara has initiated a wind-down in sourcing activities. The wind-down is expected to be completed by 1 April 2022. Yara will continue to monitor for any changes in the situation, including sanctions, as part of its ongoing sourcing operations," the company's management reports.
Yara is a key partner of Belaruskali. Representatives of the Belarusian democratic forces have been trying for more than a year to make the company stop cooperating with the state enterprise.