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Belarus Seeks Port Cooperation From Russia To Maintain Exports

Belarus seeks port cooperation from Russia to maintain exports

Minsk, Belarus (PortSEurope) September 14, 2021 – In an interview with the Belarus-1 TV channel, the Prime Minister of Belarus Roman Golovchenko said that Belarus is discussing the possibility of creating a cargo port and cooperation with Russia. The purpose is to main its own facility for the transport of potash fertilizers, the country’s primary export, as well any other exports. The country is currently
subject to international sanctions imposed by the European Union, the U.K., the U.S., Switzerland, Ukraine and Canada. Sanctions are in protest of alleged local political repression after a disputed presidential election in 2020 and various “acts of aggression” by President Alexander Lukashenko. Sanctions include sectors ranging from potash and gasoline to government bonds. Russia is practically the only country that offers any “cooperation” with Belarus, although Russian President Vladimr Putin’s relationship with Lukashenko remains one of convenience rather than respect. Golovchenko suggested that the ports of the Leningrad Region would be suitable “from the point of view of economic efficiency”. The Baltic port of Klaipeda in Lithuania handles over 95% of Belarusian potash exports, about 9.7 million annually, which is the main source of U.S. dollar revenue for the Minsk government. EU sanctions mean an alternative is sought. Copyright (C) PortSEurope. All Rights Reserved. 2021.

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