Belarus and Iran have agreed on the supply of 400,000 mt of Belarusian potash to Iran, according to a report by Russian state-news agency TASS, citing the Iranian Ambassador to Belarus, Alireza Sanei, speaking on Nov. 5.
The report did not indicate the delivery period nor how much of the volume would be consumed in Iran. Iran consumed just 20,000 mt of potash in 2022, according to IFA data. Minsk and Tehran also agreed that Iran will “provide its capacities to become a hub for reaching other markets in third countries,” TASS reported.
Sanei noted that the two countries “maintain good cooperation in the oil and petrochemicals sector,” and can “supplement each other and cooperate” to withstand the “unfair tough economic sanctions our countries are faced with.”