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Indian companies interested in potash projects in Belarus

14.08.2014

Indian companies are ready to take part in projects to generate solar energy in Belarus, Ambassador Extraordinary and Plenipotentiary of India to Belarus Manoj Kumar Bharti said at a press conference in the run-up to India’s Independence Day, BelTA has learned.
The diplomat believes that solar energy is a very promising cooperation area. Other important avenues of cooperation include potash industry, pharmaceutics, and diary industry.
“India is not eyeing a share in Belaruskali, however cooperation in the potash industry will continue,” the diplomat said when asked by reporters whether India’s position on Belaruskali changed after the recovery of the potash market. The Indian Ambassador emphasized that every year India signs contracts to purchase Belarusian potash fertilizers.
When asked by a BelTA journalist about the dynamics of the Belarus-India trade and economic cooperation, the diplomat noted: “Our bilateral trade largely depends on certain commodities. These are potash fertilizers from Belarus and pharmaceuticals from India. However, the year 2013 witnessed turmoil on the potash market and the supplies of Belarusian potash fertilizers to India shrank. Naturally, this affected the bilateral trade”. Manoj Kumar Bharti noted that the two countries constantly offer new commodities to each other. For example, BelAZ trucks are expected to be sold in India. Certainly, the export of such major products will push the bilateral trade upwards.

Written by belta.by