The global potash fertilizer cannot follow the injury-a brief discussion on EU sanctions on Belarusian potash

On June 24, local time, the European Union introduced a series of new measures to impose targeted sanctions on the Belarusian national economy
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Among them, one of the lifebloods of the Belarusian economy, Belarusian potash was included in the sanctions list, which also caused a sudden shock to the global potash market

According to the press announcement issued by the European Council on the same day, the new sanctions include prohibiting the export to Belarus of any communication equipment, dual-use materials and technology that may be used for "monitoring activities", and prohibiting EU investors from trading Belarusian securities and buying Belarusian securities.
For short-term bonds, the European Investment Bank stopped issuing new loans to Belarus and restricted trade in petroleum-related products, potash and tobacco products with Belarus
.

In terms of EU member states, Luxembourg’s Minister of Foreign Affairs, Jean Asselborn, proposed sanctions on Belarus’ potash industry
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He believes that Belarus produces a large amount of potash fertilizer and is the world's largest supplier of potash fertilizer

However, as a large company that produces 20% of the global potash fertilizer output, once white potassium is sanctioned, its impact on the global potash fertilizer market can be imagined
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Previously, White Potassium had issued a warning to the European Union that the EU's sanctions on the company would cause an impact on the global fertilizer market and even global food security