Tuesday 20 August 2013

Belarussian Potash Producer Considering Legal Action Against Russian Partner | Business | The Moscow Times

Belarussian Potash Producer Considering Legal Action Against Russian Partner | Business | The Moscow Times:

"Major Belarussian potash fertilizer producer Belaruskali may sue its Russian counterpart Uralkali for unfair business practices in their joint venture, Belarussian Potash Company, which spectacularly fell apart last month.

The two companies sold their product abroad through the joint company before Uralkali announced in late July that it would begin exporting independently.

Belaruskali's CEO Valery Kiriyenko said Monday that Belarus was considering legal action against the Russian company for canceling contracts with clients and transferring joint contracts to their affiliate Uralkali Trading, Kommersant reported."

'via Blog this'

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