As a leading global fertilizer company, we are driven by the world’s increasing need for food.
As the United Nations warns of an impending global food emergency that threatens to send millions more into conditions of hunger and starvation, EuroChem Group AG remains committed to fulfilling the world’s requirement for food, and ensuring that farmers around the world have continued access to high-quality crop nutrients.
Part of that commitment compels us to ensure that we are compliant with all relevant laws in all regions at all times. Our stringent internal and external compliance protocols ensure that we can continue to operate freely, and thereby continue to meet the high expectations of our various stakeholders.
EuroChem Group AG is a subsidiary of AIM Capital, a Cyprus-based entity under the control of Linetrust PTC.
As announced by the U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) EuroChem Group AG is not, directly or indirectly, subject to any sanctions of the US or any other body, and is able to operate without limitations.
The OFAC statement was the latest in a series of commitments to free global fertilizer flows, with similar announcements published previously by the European Union and the United Nations (see useful links below).
References and useful links
EuroChem Compliance Policy
Link to EuroChem Compliance Policy
Joint Statement on Global Food Security
https://www.state.gov/joint-statement-on-global-food-security/
US Department of Treasury | OFAC : EuroChem Group status
https://home.treasury.gov/policy-issues/financial-sanctions/faqs/1074
European Commission proposes to temporarily scrap tariffs on goods used to produce fertiliser
https://policy.trade.ec.europa.eu/news/commission-proposes-temporarily-scrap-tariffs-goods-used-produce-fertiliser-2022-07-19_en
EU sanctions do not restrict EU and third countries’ trade in agrifood products
https://www.eeas.europa.eu/delegations/un-rome/eu-sanctions-do-not-restrict-eu-and-third-countries%E2%80%99-trade-agrifood-products_en?s=65
Fact sheet | Agrifood trade and EU sanctions
https://www.eeas.europa.eu/sites/default/files/documents/2022-06%20Food%20Security_Fact-sheet_0.pdf