Belarus would consider potash miner stake sale, see India interest

MINSK Fri Nov 16, 2012 7:22pm IST

Related Topics

Stocks

   

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)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Canada Shooting

Canada Shooting

Attack on parliament, killing of soldier stun Canada's capital.  Full Article 

Earnings Season

Earnings Season

Wipro sees rosier end to year as U.S. clients spend.  Full Article 

Business Climate

Business Climate

Fears for tough penalties grow as India cleans up business  Full Article 

New Email Service

New Email Service

Google launches new email service dubbed "Inbox".  Full Article 

DLF Appeals

DLF Appeals

DLF seeks interim relief from capital market ban  Full Article 

Falling Oil Prices

Falling Oil Prices

Indian consumers respond to softer oil, food prices  Full Article 

Book Keeping

Book Keeping

RBI fires warning shots on companies' lack of FX hedging.  Full Article 

Policy Repo Rate

Policy Repo Rate

Most external members suggested rate cut in RBI's Sept review.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage