RUSSIA PROMISES TO MAINTAIN FERTILIZER TRADE WITH BRAZIL

Russian President Vladimir Putin said on Monday, June 27, that the country will secure that the fertilizer trade with Brazil remains uninterrupted. Putin reinforced the commitment during a telephone conversation between the Russian leader and President Jair Bolsonaro. Fertilizers, especially nitrogen, phosphorus, and potassium, are widely used by agriculturers in the country. Brazil consumes 8% of the entire global production of fertilizers, valued at 55 million tonnes, and imports 85% of the input mainly from Russia, which suffers a strong economic embargo promoted by the United States, Western European countries, and Japan because of the military invasion of Ukraine. Later Bolsonaro confirmed the conversation with Putin, emphasizing that the issue of food production and energy security were the main subjects discussed.

Sources: Agência Brasil/Datamar News