Russian authorities and businessmen guarantee continuity of fertilizer exports to Brazil

Minister Tereza Cristina (Agriculture, Livestock, and Food Supply) met this Wednesday (Nov. 17) with Russian authorities and businessmen in Moscow to talk about the supply of fertilizers to Brazil. All assured that they will not fail to comply with the fertilizer supply contracts to Brazil, and may even increase the volume of exports. “We had a guarantee here, both from the Russian government and from the fertilizer companies, that we will not have problems with the delivery of fertilizers, both potassium and phosphates,” announced the minister.

The Minister of Economic Development of Russia, Maksim Reshetnikov, assured the maintenance of the supply of potash and phosphate fertilizers to Brazil and, if possible, an increase in exports for the next harvest. “The minister reinforced that Brazil is a strategic partner and that we can be absolutely reassured with the supply of potassium and phosphorus”, celebrated Tereza Cristina, after the meeting.

The objective of the minister’s trip was to open negotiations with the main suppliers of fertilizers, an essential product for agricultural production that faces a tighter world supply.

Russia represents about 20% of fertilizers imported by Brazil. Recently, the Russian government announced restrictions on nitrogen fertilizer exports through export quotas for a period of six months from December 1st, with the aim of avoiding shortages in the domestic market.

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