BELARUS NEWS AND ANALYSIS

DATE:

10/06/2010

Belarus parliament okays Belaruskali privatisation

MINSK, June 10 (Reuters) - The parliament of Belarus on Thursday voted to lift restrictions on privatisation of Belaruskali, one of the world's top producers of potash.

State-owned Belaruskali owns 50 percent of the Belarussian Potash Co, a joint venture with Russian miner Uralkali that controls about 30 percent of the world potash market.

In May, Belarussian President Alexander Lukashenko said Belarus may sell a minority stake in Belaruskali, but will retain a controlling stake.

(Reporting by Andrei Makhovsky, writing by Dmitry Zhdannikov; editing by Maria Kiselyova)

Source:

http://www.iii.co.uk/news/?type=afxnews&articleid=7936529&subject=markets&action=article


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