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23 January 2020, 12:46

India seeks to buy Belarusian fertilizers on same terms

An archive photo
An archive photo

MINSK, 23 January (BelTA) – India hopes that the contract for the supply of Belarusian potash fertilizers will be extended on the same terms, Ambassador Extraordinary and Plenipotentiary of India to Belarus Sangeeta Bahadur told a press conference on 23 January, BelTA has learned.

The ambassador noted that the contract for Belarusian potash fertilizers was signed in October 2019. This contract provided for a lower price for fertilizers, $280 per tonne instead of $290 that was written into the previous contract.

“I believe that the contract will be extended on the same terms,” Sangeeta Bahadur said.

Potash fertilizers are among Belarus' traditional exports to India. Belarus supplies this commodity in great quantities to the Indian market.

The ambassador also mentioned a contract to supply 77 BelAZ trucks with the lifting capacity of 130 tonnes and 96 trucks with the capacity of 240 tonnes. “Each truck costs about $100,000, thus the machinery supplies will help boost our trade,” she added.

Sangeeta Bahadur noted that India is also interested in Belarusian electric buses, as many Indian cities badly need modern vehicles.

The bilateral trade statistics for 2019 is not available yet, but the ambassador believes that the figures will be better than in 2018. Business communities of the two countries maintain close ties and constantly look for new cooperation opportunities in trade and investment.

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