The EU may place sanctions on Belarus exports of potash, the soil nutrient used to improve crops
, Bloomberg has reported. One of the world’s largest suppliers of potash, Belarus supplies about 25% of the region’s demand. The legal framework for ‘targeted economic sanctions” are being drafted for presentation to EU foreign ministers at their scheduled June 21 meeting. Yesterday, exiled opposition leader Sviatlana Tsikhanouskaya spoke to the European Parliament’s foreign affairs committee and urged the EU to ban exports of potash, oil products and timber, as well as to stop lending to Belarusian banks.