# Belarus: lower export duty on potash fertilizers to have little effect on budget – Business World

> Belarus's First Deputy Finance Minister said a cut in the customs duty on potash fertilizer exports will not materially affect the state budget. He expects lower duty revenue to be offset by higher profits and dividends from state-owned Belaruskali. The statement was made after a 14 June session of the National Assembly's budget commission.

- Date: 2017-06-15 · published 2017-06-15T12:00:00.000Z
- Category: policy · region Belarus · magnitude medium
- Page: https://feedsoft.ai/events/70836-belarus-lower-export-duty-on-potash-fertilizers-to-have-little-effect-on-budget
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

A lower export duty could make Belarusian potash more competitive in export markets, adding supply pressure on global potash prices.

## Read by commodity

- POTASH: bearish ▼

## Sources

- smiraponitke.com: https://smiraponitke.com/2017/06/15/belarus-lower-export-duty-on-potash-fertilizers-to-have-little-effect-on-budget.html

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