... the security risks involved. The new land grain corridor to China, when completed, is going to become a powerful booster for the economic and social development of rural areas in the East of Russia.
All these direct benefits notwithstanding, the China-Russia food cooperation should not be constrained to bilateral trade or cross-border investments only. After all, neither nation faces a prospect of critical food shortages: Russia experienced its last famine in the early 1930s, China—in the early 1960s. Many ...
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Middle East
. In the current agricultural year, our exports will amount to 37 million tons of grain, next year we plan to increase it up to 50 million tons. Russia intends to continue providing humanitarian assistance, including through the UN World Food Program.
Russia’s goal has always been to stabilize the situation in the world food market and to provide assistance to countries that need high-quality and inexpensive grain. The promotion of the so-called “guilt” of Russia for the deterioration of the ...
... moral and business ethics perspective the effort makes sense and can add value to the BRICS brand.
But success depends on China, India and Brazil, who are impacted by drought and infrastructure problems that step on their economic performance. And Russia is dealing with a sanctions regime that includes food, orchestrated by Washington and its European allies.
BRICS food security. A slow rollout?
It's one thing to move cautiously to manage risks. It's something else to move slowly due to political differences.
Madame Christine Lagarde,...
... involved with the military components of Washington’s proxy regime in Ukraine have inflamed fears of a full blown front size ground and air war. For now the sanctions regimes being imposed by major powers-- the United States and its NATO allies, and Russia-- has put food exporters in the crossfire of what is destined to become a long and costly episode of a different kind of war, economic warfare. BRICS member Brazil, and Argentina, another major food exporter and prospective candidate for BRICS membership, could ...
... minister Guido Mantega noted that agricultural production increased 3.9% . That’s good for Russia and the rest of the BRICS because Brazil’s food exports help feed them. Among the alliance Brazil is the only nation that can feed itself.
Russia, China, India and South Africa have food trade deficits. Among non-BRICS, Japan remains dependent as the world’s largest food importer. For its part, the United States, while a leader in conservation agriculture, became an official net importer of food in 2005.
For the BRICS, who ...
