09 december 2015

Press release following the Memorandums of Understanding signed with the companies Hanexim, TTL and Huynh Thanh Manufacturing Service And Trading Co. Ltd.

Belarusian Potash Company has signed the Memorandums of Understanding with the companies Hanexim, TTL и Huynh Thanh Manufacturing Service And Trading Co. Ltd. during the Belarusian-Vietnamese business forum in Hanoi, on the 8th of December.

Under these Memorandums, the sides assume obligations to deliver to Vietnam/to buy Belarusian potash fertilizers for a period of 3 years, from 2016 to 2018, and also express their intention to further strengthening of long-term and mutually beneficial cooperation.

The Memorandum with the company Hanexim touches upon a subject of the deliveries of potash fertilizers to the Central and Northern parts of Vietnam, while the Memorandum with the companies TTL and Huynh Thanh Manufacturing Service and Trading Co. Ltd deals with the potash deliveries to the Southern part of Vietnam. These documents testify the consolidation of work upon the solving of actual problems of Vietnamese mineral fertilizers market and they will contribute to its stable and harmonious development.

‘Today we are number one in Vietnam with our quality, promptness, logistics and partners’, told Yelena Kudryavets. ‘Our exporting position on this promising market are rather stable, and we think that our sales to this country will only grow larger,’ noted BPC’s Director General.

In addition, in recent years a fruitful work has been carried out to optimize and diversify potash supplies to the region and to improve logistics system. In their turn, the concluded Memorandums will serve to further development and strengthening of business relations not only between the companies, but between the Republic of Belarus and the Socialist Republic of Vietnam as well.