Brics nations agree to set up agri info network, grain trading portal
New Delhi: BRICS members on Saturday, in their unanimously adopted New Delhi declaration, agreed to establish the Brics Agro-Inputs, Genetic Resources, and Information Network (BRICS AGRIN) as well as emphasised the importance of setting up a grain trading platform amongst themselves, to be called Brics Grain Exchange, which could potentially be expanded to include other agricultural products and…
On Saturday, the BRICS nations unanimously adopted a declaration to establish the Brics Agro-Inputs, Genetic Resources, and Information Network (BRICS AGRIN). The network aims to foster cooperation around agro-inputs, genetic resources, and agricultural information, emphasizing a farmer-centric approach. BRICS leaders highlighted the group's role in enhancing agricultural productivity, sustainability, and global food security in light of acute food price volatility and supply crises, including fertilizer shortages.
They agreed to consider setting up a grain trading platform called Brics Grain Exchange, which could potentially expand to other agricultural products and commodities. Additionally, the BRICS members endorsed the creation of a Global Forum on Farmers’ Rights in Seed Systems, a BRICS Network of Centres of Excellence on Agroecology and Regenerative Agriculture, and a BRICS Network on Digital Agriculture, which covers areas such as agroforestry, fisheries, and aquaculture.
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