Knowledge and Technology Exchange Should Be BRICS' Key Focus, Russian Company Says
11:23 05.07.2025 (Updated: 11:44 05.07.2025)
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Knowledge and Technology Exchange Should Be BRICS' Key Focus, Russian Company Says
"The key is not just the exchange of raw materials or product supplies, including fertilizers, but also the exchange of technologies and knowledge. This will lead to deeper integration among the BRICS countries," said Mikhail Sterkin, the deputy head of sales and marketing at the Russian fertilizer producer FosAgro, in an interview with Sputnik.
Speaking on the sidelines of the Russia-Brazil Business Forum in Rio de Janeiro, Sterkin noted that last year, Fosagro supplied around 4 million tonnes of mineral fertilizers to BRICS markets—Brazil, India, and South Africa.
"We deliver 50% of our products to BRICS markets. Last year, it was 4 million tons. This year, I believe we will increase supplies," he said.
According to the executive, both Brazil and Russia possess significant scientific potential and can achieve high results in agribusiness through innovation.
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