Lukashenko, Putin to discuss BPC development prospects

MINSK, 29 May (BelTA) – Belarus President Alexander Lukashenko met with Director General of the Belarusian Potash Company (BPC) Valery Ivanov on 29 May, BelTA learnt from the presidential press service.

The sides discussed the state of affairs at the company and progress in the implementation of the instructions set out by the head of state when he appointed Valery Ivanov as the company’s director general.

The talks focused on the company’s financial and economic performance, improvement of sales mechanisms, HR potential and the prospects of the company.

Speaking of the company’s development prospects, Alexander Lukashenko noted that this issue would be discussed during a visit of Russian President Vladimir Putin to Belarus.

“It is one of the issues I would like to discuss with the President of Russia during his visit to Belarus: cooperation in sales of potash fertilizers, vesting the company with the functions to sell nitrogen and phosphor fertilizers, involvement of Russian companies. The volumes handled by BPC are huge, worth over $3 billion. This is only from the Belarusian side. The same amount is provided by Russia. Big companies do not earn as much on oil as on potash fertilizers. Therefore, we have no doubts as to the existence of the joint venture. It should exist, should grow and evolve. In which direction? This we will discuss with the President of Russia in terms of whether the Russian side is interested to work in that direction. We are, of course, interested.