Belarus would consider potash miner stake sale, see India interest
MINSK (Reuters) - Belarus is ready to discuss the sale of 10-15 percent of potash producer Belaruskali to a suitable investor and has received expressions of interest from India, First Deputy Prime Minister Vladimir Semashko said on Friday.
"There are interested parties. There has been interest from India," Semashko said. "We are saying that if there is a suitable investor we would be prepared to discuss the sale of 10-15 percent."
Belaruskali, which has long been coveted by Russia's Uralkali (URKA.MM), is one of the major global producers of potash and a key foreign currency earner for the former Soviet republic. (Reporting by Andrei Makhovsky,; Editing by Melissa Akin and Polina Devitt)
- Tweet this
- Share this
- Digg this
Trending On Reuters
India has put security agencies on nationwide alert for a militant strike in the lead-up to a visit by U.S. President Barack Obama next month, citing an assault on a Pakistani school this week as a warning signal. Full Article
Supreme Court defers verdict on Sahara plea to raise more debt on hotels Full Article
ADB trims growth forecasts for developing Asia, says India to grow 5.5 pct in 2014 Full Article