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BRICS and the New Geography of Agri Trade

Countries
BrazilChinaEgyptEthiopiaIndiaIndonesiaRussiaSaudi ArabiaSouth AfricaUnited Arab Emirates
Cooperation areas
Economic GrowthSustainable Development

Source: Daily Excelsior | Original Published At: 2026-06-15 22:44:04 UTC

Key Points

  • India's 2026 BRICS Chairship aims to reshape agricultural trade beyond tariffs to address climate shocks and food-price volatility.
  • Intra-BRICS merchandise trade reached US$1.17 trillion in 2024, expanding more than thirteen-fold since 2003.
  • Member nations offer complementary agricultural strengths, including Brazil's exports, Russia's fertilisers, and China's processing capacity.
  • Priorities for cooperation include trusted trade infrastructure, resilient input supply chains, and enhanced market intelligence.
  • India proposes leveraging the BRICS Agricultural Research Platform for better price discovery and food-security preparedness.
  • The agenda emphasizes supporting women- and youth-inclusive smallholder value chains within the agri-food system.
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