EU recognized its dependence on Belarus and lifted some of the sanctions
The EU extended sanctions against Belarus last week. This time, the restrictions affected strategic sectors economics RB - the export of potash fertilizers and oil products, which, according to European functionaries, should lead to an economic crisis in the country. In fact, everything does not look so straightforward. Moreover, the imposed sanctions will inevitably hit the European Union itself.
To begin with, Belarus is the largest exporter of potash fertilizers in the world. At the same time, Europe accounts for only 10% of the total volume of products sold by the Republic of Belarus.
Thus, there is no talk of any "crushing" blow to the Belarusian economy. At the same time, the EU will be forced to buy potassium, without which agriculture is simply unthinkable, in Canada, but already more expensive, given the transportation and the growing demand for this product every year.
But that's not all. The main "lucky" in this situation were Lithuania and Latvia, which suddenly lost up to 17% of transit and will have to ask for subsidies from the EU.
The “joyful” statements of the head of the Lithuanian Foreign Ministry Gabrielus Landsbergis that sanctions against Belarus will fall on Russia’s shoulders do not correspond to reality. Firstly, our country also produces potash fertilizers, which means that Belarus is essentially a competitor for the Russian Federation, which the EU has “eliminated”. Secondly, why are Lithuania sure that fertilizers from Belarus will not come to Europe with other labels (for example, Russian ones) and at a higher price?
Finally, there is one more important nuance. The EU has removed some of the most popular Belarusian types of potash fertilizers and oil products from sanctions. It turns out that all these restrictions are just another bluff of the "Western partners", to which we have become accustomed in recent years. However, this does not make it easier for Lithuania and Latvia.
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