BRICS 2026: Member countries emphasize importance of food security, flag fertilizers shortage crisis

Source: Moneycontrol | Original Published At: 2026-09-12 13:01:27 UTC

Key Points

• BRICS member countries emphasized ensuring food security and nutrition while mitigating food price volatility and supply crises, including fertilizer shortages.
• The New Delhi Declaration recognized BRICS countries as key players in global food production with a role in enhancing agricultural productivity and sustainability.
• Member states agreed to pursue the establishment of a BRICS Grain Exchange and discussed expanding it to other agricultural products and commodities.
• The declaration supported discussions on national policies and international coordination to improve food availability, accessibility, utilization, stability, and affordability.
• It recognized the Global Alliance Against Hunger and Poverty as an important initiative for international cooperation and looked forward to facilitating intra-BRICS trade in agricultural products and inputs.
• BRICS reaffirmed its commitment to advancing agriculture negotiations at the WTO to promote a fair, balanced, and development-oriented agricultural trading system.