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The legislative process to pass sanctions continues in the EU corridors and is expected to end on Thursday, two sources said.
According to them, the sectoral sanctions package was approved by the EU’s foreign ministers in Brussels on Monday. The package covers seven sectors of the economy, including the Belarusian fertilizer trade.
“If confirmed, the transit of fertilizers through the EU and imports to EU countries will stop,” a source told BNS.
Belaruskalij, one of the largest potassium fertilizer plants in the world, is located in Belarus. The company exports its products through the port of Klaipeda, using the services of the Lithuanian Railways.
Earlier, the representative of AB Lietuvos Geležinkeliai Delfi explained that if the sanctions are approved, they will significantly affect the company, so today it is ready for various scenarios, because, as is known, Belarusian cargo represents about a third of the total railway . transport company LTG Cargo “Cargo flow, and most of them – fertilizers.
“We are evaluating the potential impact. We maintain close contact with our shareholder, the Ministry of Transport and Communications and other state institutions.
If it is decided at the national or EU level to impose economic sanctions covering the transport of Belarusian cargo, we will comply with them unconditionally. Obviously, the impact on the company will be great, but we are prepared for different scenarios. Total revenue from Belarusian cargo is about 100 million. Eur, ”said Tomas Digaitis, LTG Group public relations manager. Read more about it here.
Belaruskalij fertilizers are loaded in Klaipeda by the Birių krovinių terminalas company.
With the loss of the cargo from Belaruskalij, these companies would also lose tens of millions of euros a year.
Sectoral sanctions are being prepared against Belarus following an incident in May when Belarus diverted a Ryanair plane to Minsk on the Athens-Vilnius flight and arrested opposition blogger Raman Pratasevich and his girlfriend Sofia Sapega.
Foreign Minister Gabriel Landsbergis says that the EU sanctions are aimed at changing the policy of the Aliakasnduk Lukashenko regime, which could be guaranteed by the economic pressure on Minsk, which would also be felt by Russia.
“Russia will have to refinance everything that (Belarus) loses,” Landsberg told reporters at a ministerial meeting in Brussels on Monday.
“It means that Putin can call his good friend Lukashenko and ask him not to take certain measures, release political prisoners, change politics. “… It can be quite effective,” he said.
EU leaders will also discuss sectoral sanctions against Belarus on Thursday.
President Gitan Nauseda promises to support an EU agreement on these sanctions, whatever it may be.
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