July 26, 2022
1 min read

Bolsonaro rejects Russian sanctions to ensure fertiliser imports

The President defended the country’s decision to maintain trade ties with Russia to ensure food production…reports Asian Lite News

Brazilian President Jair Bolsonaro reiterated his opposition to economic sanctions against Russia, in order to retain the supply of Russian fertiliser imports to Brazilian agribusiness.

“We are not going to adhere to sanctions (against Russia). We maintain a balanced position because without Brazil’s balance on this issue today, we would not have fertilisers for our agribusiness,” Bolsonaro said on Monday during the Global Agribusiness Forum 2022 in the city of Sao Paulo.

The President defended the country’s decision to maintain trade ties with Russia to ensure food production, Xinhua news agency reported.

“Without fertilisers, our guarantee of food security and that of 1 billion people in the world would be threatened,” he added.

Bolsonaro also said that in December 2021 his government decided to expand the national fertiliser programme in search of alternatives to imports.

Brazil, Latin America’s largest economy, is the world’s leading soybean producer and the world’s leading exporter of animal protein.

Meanwhile, Bolsonaro has officially announced his intent to seek re-election and named Walter Souza Braga Netto, the former Minister of Defense, as his running mate for Vice President.

In his announcement on Sunday, Bolsonaro highlighted his role in improving the agricultural sector and the growth of infrastructure, with the building of highways and railways, reports Xinhua news agency.

According to the latest data released by Datafolha poll in June, former President Luiz Inacio Lula da Silva takes the lead with 47 per cent of the vote, followed by Bolsonaro with 28 per cent.

The left-wing Workers’ Party (PT) officially nominated Lula on July 21, while left-of-centre candidate Ciro Gomes, running in a distant third, was nominated by the Democratic Labor Party (PDT) the previous day.

As of August 16, candidates can officially start campaigning online and in public spaces until the day before the october 2 election.

In case no candidate wins 50 per cent of the valid votes, a run-off is scheduled for October 30.

ALSO READ: US condemns Russian attack on Odessa Port

Previous Story

US records over 14 million child Covid-19 cases

Next Story

Biden given honorary Korean name of ‘Bae Ji-sung’

Latest from USA

China Now Faces Up to 245% Tariffs from US

China rejected the US’s tariff claims, stating, “There is no winner in a tariff war”, emphasising its commitment to “joining hands, not throwing punches” and global market engagement. The ongoing trade tensions

Vance to visit India next week

Vice President JD Vance and the Second Family will travel to Italy and India from April 18 to April 24 US Vice President JD Vance is scheduled to visit India next week.

Trump Threatens Harvard’s Tax-Exempt Status

The standoff between Harvard University and President Donald Trump has intensified dramatically, as the White House threatens to revoke the Ivy League institution’s tax-exempt status over its refusal to comply with sweeping
Go toTop

Don't Miss

China backtracks on Ukraine stance?

China on Friday emphasised that “it is absolutely imperative that

‘Chip exports to Russia plunged by 90% after curbs’

Raimondo, also said that controls placed on Russia’s aerospace sector