The imminent meeting between Brazilian agriculture and livestock minister, Carlos Favaro, and his Indian counterpart, Piyush Goyal, scheduled for 1-3 November, underscores both nations’ commitment to ensuring a resilient Brazil-India collaborate on Food Security food supply chain.
Specifications & Features:
- Food Security Discussions: The meeting comes amid growing global concerns about unilateral restrictions and protectionist measures affecting agricultural trade. The primary focus is to foster open, unimpeded, and reliable food supply chains.
- Ethanol and Biofuels Cooperation: Beyond food security, the nations will concentrate on collaboration in the ethanol and biofuels sector, recognizing the importance of these in sustainable energy transitions.
- G20’s Stand on Food Security: In a recent commitment, G20 leaders emphasized global food security and nutrition, especially against the backdrop of surging food and oil prices.
- Promotion of Climate-Resilient Crops: The G20’s dedication also covers research collaboration on climate-resilient and nutritious crops. This includes not only staples like rice, wheat, and maize but also millets, quinoa, and sorghum.
- India-Brazil Bilateral Agreements: The leaders of both nations, during the New Delhi G20 summit, promised to amplify their cooperation in sustainable agriculture and rural development. The intent is to ensure food and nutritional security at both national and global levels. Joint technical committees have been set up to expedite trade in agriculture and animal husbandry products. Furthermore, discussions are ongoing for expanding the India-Mercosur preferential trade agreement.
- Global Biofuels Alliance: Both nations acknowledged the essential role of biofuels and flex-fuel vehicles for a just energy transition, especially for developing countries. Their combined efforts resulted in the formation of the Global Biofuels Alliance during India’s G20 presidency.
- Trade Expansion: The last half-decade saw a significant expansion in agricultural trade. The Indian Ministry of Commerce revealed a substantial growth in the export value of agricultural commodities, touching ₹3.74 trillion in 2021-22 from ₹2.5 trillion in 2017-18.
Amid the pressing issues of climate change and food security, this alliance between Brazil and India not only strengthens bilateral relations but also sets a precedent for other nations to follow suit in the quest for a sustainable future.