# Belarusian potash exporters allowed to pay duties in Russian rubles, yuan

> Belarusian President Lukashenko expanded the currencies allowed for paying potash export duties to include Russian rubles and Chinese yuan, alongside U.S. dollars and euros. The order also lets the government set 2022-2023 export duty rates. Belarusian potash exports have fallen sharply because of U.S. and EU sanctions on Belaruskali and its trader BPC.

- Date: 2022-06-16 · published 2022-06-16T12:00:00.000Z
- Category: policy · region Belarus · magnitude low
- Page: https://feedsoft.ai/events/41296-belarusian-potash-exporters-allowed-to-pay-duties-in-russian-rubles-yuan
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

The payment change is a workaround that helps Belarus keep exporting potash despite sanctions, which would otherwise remove a major supplier from the market. Sanctions-restricted flows keep the global potash market tight and supportive of prices.

## Read by commodity

- POTASH: bullish ▲

## Sources

- interfax.com: https://www.interfax.com/newsroom/top-stories/80253/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.