Belarusian Potash Company (BPC) has suspended negotiations of the new contracts of potassium chloride, BelTA learnt in the PR department of the company. The decision to suspend the negotiations stemmed from the official announcement of the Canadian PotashCorp about the suspension of negotiations of export contracts. The reason behind this move was a statement by Russian Silvinit about the increase of the risk of failing to comply with its contractual obligations. All these actions may have an impact on the global prices for potash fertilizers. “The decision of Belarusian Potash Company did not affect the production plans; neither Belaruskali nor Uralkali reduced their production volumes,” BPC stressed. The company also assured its stockholders that all the obligations under the contracts will be met. Belarusian Potash Company is an exclusive supplier of potash fertilizers produced by Belaruskali and the Russian Uralkali to the international market. The company sells its products to Africa, Europe, India, China, the USA, the Pacific region, Central and South America. The company has a well-developed distribution network and representative offices in Beijing (China), New Delhi (India), Singapore, San Paulo (Brazil) and Chicago (USA).