Belarusian President Alexander Lukashenko has suggested working together with Russian fertilizer producers to reduce potash output by 10%. The goal of this proposal is to increase market prices for potash fertilizers, which are important for agriculture.

Lukashenko discussed the potential benefits of this production cut during a meeting with Andrey Rybakov, the newly appointed CEO of Belaruskali, the largest potash fertilizer company in Belarus. This initiative is part of ongoing efforts to stabilize and improve the profitability of the potash market in the face of fluctuating global prices.

Belarus aims to leverage its position in the fertilizer sector and effectively address market challenges by collaborating with Russian producers.