Finland has released a ship with Russian fertilizers detained in the port

Finland has released a ship with Russian fertilizers detained in the port
Photo is illustrative in nature. From open sources.
The ship will be able to leave the port and continue its journey in the coming days. According to Yle, there are 20 thousand tons of fertilizers on board, related to a person who fell under the sanctions .European UnionView of the port of Kotka

The Finnish Foreign Ministry has allowed a cargo ship stuck in the port of Kotka in the south of the country due to EU sanctions to move on, the ministry said in a statement.

The ship was detained on March 9 while loading fertilizer, which, according to the Finnish authorities, is associated with a person who fell under anti-Russian sanctions. Whom it is, is not specified.

The agency notes that EU sanctions rules do not prohibit the import of Russian fertilizers into the bloc or their transit. However, in accordance with the personal sanctions, the assets of the blacklisted persons must be frozen. “[Freezing exemption] may be granted if the EXPORT is to a third country in order to ensure global food security. Thus, fertilizers detained in the port of Kotka can continue on their way as an exception,” the Foreign Ministry said.

On March 19, the Finnish authorities received a notification from the buyer of fertilizers, and three days later they issued a permit for the movement of the cargo. At the same time, Helsinki consulted with the European Commission, as required by EU rules, the Foreign Ministry said. The ship may leave the port in the next few days.

According to Yle, the ship called Smew carries up to 20,000 tons of fertilizers worth €10-12 million. Two RBC sources in two large Russian fertilizer producers said that this ship is carrying cargo from the Togliattiazot plant, owned by Uralchem's structures. . A representative of Uralchem ​​declined to comment.

The largest Russian fertilizer producers: PhosAgro, Akron, Eurochem, Uralchem, as well as the agricultural producer Rusagro, were previously owned or controlled by businessmen who fell under EU sanctions (Andrey Guryev, Vyacheslav Kantor, Andrey Melnichenko, Dmitry Mazepin , Vadim Moshkovich). Due to restrictions, they reduced their shares or withdrew from the capital of companies.

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In December 2022, the European Union allowed sanctioned Russians who previously played a “significant role” in the food and fertilizer trade to use exceptionally unfrozen funds or assets if such resources are needed to ensure the supply of Russian agricultural products and fertilizers to third countries. The decision on each individual case is taken by the competent authorities of the EU country that has frozen the funds; they must report this to the other member states of the bloc.