# EU bans 70% of Belarus exports to bloc with new sanctions over Ukraine invasion

> The EU banned potash exports from Belarus, closing loopholes that had previously allowed about 80% of its trade to continue. The new measures cover 70% of Belarus exports to the bloc. The sanctions are tied to Belarus's role in Russia's invasion of Ukraine.

- Date: 2022-03-02 · published 2022-03-02T12:00:00.000Z
- Category: geopolitics · region EU · magnitude high
- Page: https://feedsoft.ai/events/42601-eu-bans-70-of-belarus-exports-to-bloc-with-new-sanctions-over-ukraine-invasion
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

A full EU ban removes a major potash flow from world markets and tightens an already constrained fertilizer supply. That is bullish for potash and for downstream nutrient costs in feed production.

## Read by commodity

- POTASH: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/europe/eu-approves-new-sanctions-against-belarus-over-ukraine-invasion-source-2022-03-02/

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