OJSC "Belaruskali"Organization

Also known as

• ААТ "Беларуськалiй" (Cyrl)
• ОАО "Беларуськалий" (Cyrl)
• Open Joint Stock Company "Belaruskali"
• Открытое акционерное общество "Беларуськалий" (Cyrl)
• Адкрытае акцыянернае таварыства "Беларуськалiй" (Cyrl)

Designations

• Designated by UK HM Treasury (OFSI) under program Belarus since 2021-12-02. Other entities under Belarus

Source remarks: BEL0111 — OJSC BELARUSKALI is one of the world’s largest producers of the key fertilizer ingredient potassium chloride (potash), and is 100% owned by the Belarusian state. As a state-owned enterprise, OJSC BELARUSKALI is a major source of revenue and foreign currency for the Lukashenko regime, including through the transfer of OJSC BELARUSKALI’s profits to the National Development Fund which is directed by Lukashenko. Export duties and taxes generated by OJSC BELARUSKALI account for 8-10% of the total budget of the Government of Belarus, and are therefore critically important in maintaining the regime and enabling its actions. Through the production of potash and its treatment of striking workers during the protests and crackdown in 2020, OJSC BELARUSKALI has helped prop up the authoritarian rule of Lukashenko’s regime. OJSC BELARUSKALI therefore is or has been involved in providing support for the Government of Belarus, which has taken actions to undermine democracy and the rule of law, repress civil society and the democratic opposition, and commit serious human rights violations. (official source)

Key properties

Addresses

Source list & list version

Last confirmed present in UK OFSI Consolidated List of Financial Sanctions Targets list version gb_hmt_ofsi@2026-06-03, observed 2026-06-03.

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