360° Coverage : Belarus-Russia relations should not get affected: Lukashenko

Belarus-Russia relations should not get affected: Lukashenko

Minsk, Oct 12 (IANS) Belarusian President Alexander Lukashenko has favoured good relations with Russia, while saying that the potash companies' case should not harm the two countries' partnership.

Oct 11 2013, 4:22pm CDT | by IANS

Belarus-Russia relations should not get affected: Lukashenko
Photo Credit: , Getty Images

Minsk, Oct 12 — Belarusian President Alexander Lukashenko has favoured good relations with Russia, while saying that the potash companies' case should not harm the two countries' partnership.

On Aug 26, Belarusian authorities detained the Uralkali General Director, Vladislav Baumgertner, in Minsk, on suspicion of abuse of power. Baumgertner was chairman of the Belarusian Potash Company, a now-defunct joint venture between Russian fertilizer maker Uralkali and a Belarusian potash producer Belaruskali, Xinhua reported.

Uralkali announced July 30 that it would end output restrictions that underpin world prices and halt exports through Belarusian Potash Company, which controlled 40 percent of global exports. Baumgertner's detention has drawn a fierce rebuke from Moscow.

"When I met with Russian President Vladimir Putin I said that no Kerimov or Baumgertner are worthy to fight over and damage our relations at the state level or personal relationships. He agreed with me 100 percent," said Lukashenko during a press conference here Friday for Region Russian regional media.

According to the Belarusian leader, Russia's damage from the potash case is incommensurable with that of Belarus. "The shares of our company have not collapsed. Yes, our budget has lost up to $1.5 billion. Russia has lost twice as much," Lukashenko said.

Lukashenko, however, accused top managers of Uralkali, the Russian potash fertiliser company, of fraud. "They sold the stock at the brink of the company's breakdown, when the stock quotes were more or less high. Then they started to buy shares when they plunged. That is fraud. Why does Russia not see that? That must be punished."

The Belarusian President stressed that his country is ready to restore relations with Uralkali, a Russian potash fertiliser company. "We are ready for this, even after everything that has happened. But this is for your state to decide. If I were to decide I would make sure these assets are in the hands of trusted people overnight," he told Russian journalists.

IANS

Source: IANS

 
 
 

blog comments powered by Disqus

Latest stories

School headmaster shot dead in Pakistan
Islamabad, Dec 4 (IANS) Unidentified gunmen Thursday killed the headmaster of a private school in Pakistan's Balochistan province.
 
 
Four more bodies recovered from sunken South Korean ship
Seoul, Dec 4 (IANS) Four more bodies were recovered Thursday from a sunken South Korean fishing ship in the Bering Sea, the foreign ministry here said.
 
 
Lesbian couple asked to desist in London restaurant
London, Dec 4 (IANS) A lesbian couple in a London restaurant was asked to desist by a staff member, who asked them to "stop what you are doing".
 
 
Oxford Dictionaries to add 1,000 new words
London, Dec 4 (IANS) 'Mamil' (middle-aged man in Lycra), 'silvertail' (a person who is socially prominent or who displays social aspirations) and 'crony capitalism' are among the 1,000 new words to be added to OxfordDictionaries.com, the free online dictionary, in its largest quarterly update so far.
 
 
 

Latest from the Network

Australian researcher discovers first artwork by early human
Sydney, Dec 4 (IANS) An Australian researcher has discovered what is believed to be the first artwork created by a human. The simple zigzag pattern found on a fossilized shell from the Indonesian island of Java has...
Read more on Celebrity Balla
 
Insects compete with rats to clear garbage
New York, Dec 4 (IANS) Insects play a very important role in cleaning up cities and they compete with other pests like rats and pigeons in their endeavour, a study has said. Scientists sampled arthropods - such as...
Read more on Business Balla
 
School headmaster shot dead in Pakistan
Islamabad, Dec 4 (IANS) Unidentified gunmen Thursday killed the headmaster of a private school in Pakistan's Balochistan province. Police officials said the armed men opened fire at the vehicle of Zahid Ali,...
Read more on Politics Balla
 
Four more bodies recovered from sunken South Korean ship
Seoul, Dec 4 (IANS) Four more bodies were recovered Thursday from a sunken South Korean fishing ship in the Bering Sea, the foreign ministry here said. This increased the toll to 16, including six South Koreans and 10...
Read more on Politics Balla
 
Lesbian couple asked to desist in London restaurant
London, Dec 4 (IANS) A lesbian couple in a London restaurant was asked to desist by a staff member, who asked them to "stop what you are doing". Lydia Cawson, 29, said that she and her girlfriend were asked by a staff...
Read more on Politics Balla
 
Oxford Dictionaries to add 1,000 new words
London, Dec 4 (IANS) 'Mamil' (middle-aged man in Lycra), 'silvertail' (a person who is socially prominent or who displays social aspirations) and 'crony capitalism' are among the 1,000 new words to be added to...
Read more on Celebrity Balla
 
Oceans play key role in global 'warming hiatus'
London, Dec 4 (IANS) Increased heat uptake across three oceans - North Atlantic, the Southern Ocean and Equatorial Pacific Ocean - is the likely cause of the 'warming hiatus' -- the current decade-long slowdown in...
Read more on Politics Balla
 
Novel imaging to identify if TB drugs are working
Washington, Dec 4 (IANS) Tuberculosis patients who are not cured of the infection can develop multi-drug resistant TB and have to take as many as six drugs for two years. Now, researchers at University of Pittsburgh...
Read more on Business Balla
 
PM makes first appointment to High Court of Australia
Canberra, Dec 4 (IANS) Prime Minister Tony Abbott's government Thursday appointed former Victorian Supreme Court judge Geoffrey Nettle as the next Justice of the High Court of Australia. Attorney General George...
Read more on Politics Balla
 
18 suspected militants killed in Pakistan airstrikes
Islamabad, Dec 4 (IANS) At least 18 suspected militants were killed Thursday in airstrikes conducted by Pakistan Air Force fighter jets in North Waziristan. According to officials, the airstrikes were conducted in...
Read more on Politics Balla