/ / News
12.11.2012

Lukashenko: Belarus will still haggle for the controlling interest in Belaruskali

MINSK, 12 November (BelTA) – The price for the Belarusian potash manufacturer Belaruskali may still grow higher after the global market is recovered. President of Belarus Alexander Lukashenko expressed the opinion at the 12 November meeting with students and professors of the International Economic Relations Department of the Belarusian State Economic University, BelTA has learned.

“The price has been determined. Today all the Westerners say that Lukashenko calculated the price right,” said the head of state.

“They offered $15 billion for privatizing the company but I said $32 billion. Now they say that the price can be $36 billion once the market recovers. If someone is ready to buy 10, 15, 20% but not the controlling interest for this kind of money, we can sell the shares. But we will still haggle over the controlling interest,” said the President.

“You have to pay good money to the state. I will not pocket $5 billion out of a $15 billion sale nor will I share it with someone. It is unacceptable for us,” stressed Alexander Lukashenko.