Brazil, a global agri-food power, imports more than 80% of its fertilizers.
THE Russian President Vladimir Putin assured his Brazilian counterpart by phone yesterday Monday Zaich Bolsonaru Moscow “commits” to guarantee Brazil “uninterrupted supply” in fertilizersabsolutely necessary for the strong agri-food sector of the largest Latin American country.
During a public event in Brasilia on Monday, Mr Bolsonaru said he had discussed “food security” and “energy insecurity” with his counterpart, without elaborating.
The Kremlin, for its part, said in a press release that Putin had spoken during the meeting. “He stressed that Russia is committed to fulfilling its obligations and guaranteeing the uninterrupted supply of Brazilian fertilizers to Russian farmers.”
He also called for “Restore the architecture of the free trade in food and fertilizers, which has collapsed due to Western sanctions” imposed on Russia over its military invasion of Ukraine on 24 February.
Although it is global agri-food powerBrazil imports more than 80% of the fertilizer it uses, a rate that rises to 96% in terms of potassium, according to data from the Brazilian Ministry of Agriculture.
More than 20% of fertilizers imported into Brazil come from Russia, its main supplier.
Latin America’s largest economy is seeking to strengthen its supply chains, focusing mainly on Canada, Jordan, Egypt and Morocco. It is also trying to revitalize domestic fertilizer production.
THE Senator Flavius Bolsonarosthe son of the Brazilian far-right president, recalled on Monday that his father met with Vladimir Putin in February, twenty-four hours before the Russian invasion of Ukraine, “to discuss, among other things, the supply of fertilizers. fundamental to our agri-food security “.
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