Bric nations agree to bolster food security

Bric nations agree to bolster food security

Moscow: Brazil, Russia, India and China—the Bric countries, which account for 42% of the world’s population—have agreed to boost efforts to achieve food security and increase their role in global farming, the agriculture ministers of these countries said.

Agriculture ministers from the four countries signed a declaration to ensure a joint strategy on food security as well as technology and information exchange during a meeting in Moscow on Friday. “BRIC countries have tremendous potential to help the world combat hunger," India’s agriculture minister Sharad Pawar said.

These four countries produce 40% of the world’s wheat, half its pork and 30% of the beef and poultry, according to Russia’s agriculture ministry. Brazil and India are the largest producers of sugar, and the South American nation harvests more soybeans than any country except the US.

China is ready for cooperation with Russia in grain trade, the former’s agriculture minister Han Changfu said. India ships 22% of its tea crop, the world’s biggest, to Russia.