As of today, despite the change of market direction, shipments are increasing from Russia to South America and India. It should be noted that, overall, in the current situation, the restrictions, including sanctions, being introduced in the banking sphere and in logistics still result in rising food and energy prices. The trends are the same for mineral fertilizers. This situation is resulting in reduced availability of mineral fertilizers in a number of countries — Mikhail Rybnikov, Chief Executive Officer, Member of the Board of Directors, Member of the Management Board, PhosAgro.
The sanctions… are affecting food and energy security. <…> We are now directly facing food security problems and have asked Russia to work on resolving this issue — Anil Sooklal, Sherpa of the Republic of South Africa in BRICS.
Availability of this product [mineral fertilizers – Ed.] … ensures food security. <…> Russia has huge quantities of fertilizers of the highest quality. This creates an excellent potential for cooperation between the two countries. Agriculture is a vital sector in ensuring food security and providing jobs. <…> Food security is very important on the global agenda and BRICS countries must also concentrate on this to the maximum. This must be our group’s absolute priority — Busi Mabuza, Chair, Industrial Development Corporation of South Africa.