Russia has increased its fertiliser supplies to the BRICS countries by about 20%, Head of the Russian Association of Fertiliser Producers Andrey Guryev said, adding that it is redirecting enormous volumes to them.
"Fundamentally, a huge volume of fertilisers is being redirected to #BRICS, Global South countries. This dynamic will persist, especially given the ongoing growth of fertiliser production in Russia," Guryev said. The Association projects an increase in Russian fertiliser exports to 44 million tonnes in 2025, he noted.
Supplies are being redirected due to US and European tariffs, among other things, the Association’s Head emphasised.
"Now, of course, we are making a choice in favour of developing BRICS markets. Let's say that the US introduced a compensatory duty against Russian fertilisers several years ago, and we left this market," he said, adding that the same happened as duties on Russian fertilisers that could become prohibitive by 2029, were introduced by the European Union this summer.
#NEWS #agriculture #sanctions
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