Belarus’ Ambassador to Russia Dmitry Krutoy said that Minsk plans to restore the volume of exports of potash fertilizers and petroleum products after the European market is closed due to sanctions. He said this in an interview DEA News.
“Now, a sharp rise in potash fertilizer prices in the face of shortages of this product in many traditional markets of this product, as sanctions have caused an increase, in terms of foreign exchange earnings, almost all (falling due to export volumes) sanctions. – socialbites.ca) has already made up for the volumes,” said Krutoy.
He added that work on physical deliveries continues. He expressed his confidence that by 2023, Belarus will reach 80-90% according to pre-crisis indicators.
Formerly Cool declarationHe said that the pressure of sanctions from Western countries has affected almost half of the Belarusian economy. According to him, last year there was a threat of a serious downturn in the economy. All those opposed to Belarus hoped for escalating social tensions and job losses.
He added that this plan has failed. In addition, in the January-May 2023 period, the country’s economy not only fell, but grew by 1 percent compared to the same period of the previous year.