Brazil plans 'fertilizer diplomacy' trip to N.Africa, Jordan to secure more imports

By Roberto Samora and Ana Mano

SAOPAULO – Brazil’s new agriculture minister Marcos Montes will go to Jordan, Egypt and Morocco in a tour beginning this week to debate growing fertilizer imports from these international locations.

“It’s a pilgrimage that we're calling fertilizer diplomacy,” Montes mentioned in an interview with Reuters late on Monday, including he can be joined by non-public sector representatives. “We're going to open doorways.”

Brazil depends on imports for about 85% of its fertilizer wants and is worried a few potential international scarcity of the merchandise after Western nations imposed sanctions on key producers Belarus and Russia, whereas China restricted exports.

Montes’ tour will begin on Thursday and final 8-10 days. Brazil additionally goals to encourage international buyers to supply fertilizers in Brazil, he mentioned.

Brazil’s fertilizer imports picked up within the first quarter and in April, as native corporations rushed to safe product.

The nation’s fertilizer imports in April in all probability surpassed the 1.88 million tonnes from April 2021, in response to preliminary commerce knowledge, which confirmed day by day fertilizer imports common jumped to 149,000 tonnes by means of the fourth week of final month, up from a mean of 94,000 a day in April 2021.

Montes mentioned he had initially wished to begin the tour final month, throughout his first days within the job, however delayed plans due to Ramadan.

Montes changed Tereza Cristina Dias as agriculture minister in late March, and is constructing on her legacy.

He has engaged in talks with Iran aimed toward boosting Brazil’s urea import quota from the present a million tonnes to 3 million tonnes.

Dias traveled to Iran in February and was accompanied by Brazilian farmers who're eager on swapping fertilizers for corn.

Montes mentioned negotiations with Iran are ongoing, cited cost difficulties associated to sanctions towards the nation and declined to present a timeline for any announcement.

($1 = 5.0834 reais)

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