Russia is calling for the establishment of joint food reserves with BRICS countries to address growing threats to global food security. This initiative comes amid tensions in the Middle East that are disrupting supply chains.
According to a senior official at the Russian Security Council, the war in the region poses major risks to the trade of agricultural products and fertilizers. Approximately one-third of global fertilizer trade usually passes through the Strait of Hormuz, which is now severely disrupted.
Alexander Maslennikov, Under-Secretary-General of the Security Council, stressed the need to strengthen cooperation with "friendly" countries, particularly the members of BRICS and the Eurasian Economic Union. The goal is to build up strategic stockpiles capable of mitigating the effects of potential supply disruptions.
As the world's leading wheat exporter, Russia believes it can increase its deliveries to key regions to stabilize markets. This strategy aims to consolidate its role in global food trade while strengthening its economic alliances.
The issue of food security is also expected to be discussed at a meeting in the Kremlin between President Vladimir Putin and his Indonesian counterpart, Prabowo Subianto, whose country is a member of the BRICS. This meeting illustrates the growing importance of these issues in international relations.
In a context of increased volatility in agricultural markets, the Russian proposal demonstrates a desire to structure a collective response to the risks of a global food crisis, exacerbated by geopolitical tensions.
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