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Putin guarantees supply of fertilizers to Brazil

AFP . Brasília
28 Jun 2022 11:06:36 | Update: 28 Jun 2022 11:10:23
Putin guarantees supply of fertilizers to Brazil
Russian President Vladimir Putin — Reuters File Photo

Russian President Vladimir Putin on Monday promised his Brazilian counterpart Jair Bolsonaro that Russia "is committed" to maintaining its delivery of much-needed fertilizers to the South American agricultural giant.

Speaking in Brasilia, Bolsonaro said the two leaders had discussed by telephone "food security" and "energy insecurity," without giving more details.

ALSO READ: Fertilizer shortage imperils world food supply as sanctions bite Russia

In its own statement on the conversation, the Kremlin said Putin "stressed that Russia is committed to carry out its obligations to guarantee the uninterrupted delivery of Russian fertilizers to Brazilian farmers."

The statement added that Putin asked for "the restoration of the architecture of free commerce of food products and fertilizers that have collapsed due to Western sanctions" against Russia over its invasion of Ukraine.

ALSO READ: Putin pushes for stronger ties with BRICS nations

A global agricultural power, Brazil imports more than 80 per cent of its fertilizers -- a figure that rises to 96 per cent in the case of potassium -- according to the agriculture ministry.

More than 20 per cent of those fertilizer imports come from Russia.

But the Western sanctions imposed on Russia over the invasion of Ukraine, which began in February, sparked fears in Brazil that its supply of fertilizers could be affected.

Bolsonaro's government also announced the start of negotiations with alternative suppliers, mainly Canada, Jordan, Egypt and Morocco, while adding that domestic production would be increased.

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