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Food Security on the Current BRICS Agenda

Author

Listed:
  • Lilia Sergeevna REVENKO

    (MGIMO University)

  • Olga Ivanovna SOLDATENKOVA

    (Georgy Arbatov Institute for U.S. and Canada Studies)

  • Nikolay Sergeyevich REVENKO

    (Financial University under the Government of the Russian Federation)

Abstract

The accession of five new countries to the BRICS in 2024 has created new opportunities for international economic cooperation, including in the food sector. For Russia, as Chairman of the BRICS Summit in 2024, the inclusion of food security in the priority list is of particular importance. Having achieved a high degree of self-sufficiency in food, Russia has the opportunity not only to share relevant experience, but also to expand its presence in the food markets of the BRICS countries. The association formulated the main areas of cooperation in the food sector and outlined specific ways to facilitate it. The new member countries are characterized by a wide range of both economic fundamentals and food supply data. This has created not only additional opportunities for the development of food trade, scientific, technical, and investment cooperation, but also identified new challenges, including ensuring food security.

Suggested Citation

  • Lilia Sergeevna REVENKO & Olga Ivanovna SOLDATENKOVA & Nikolay Sergeyevich REVENKO, 2024. "Food Security on the Current BRICS Agenda," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 6, pages 53-64, June.
    • Handle: RePEc:alq:rufejo:rfej_2024_06_53-64
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    More about this item

    Keywords

    BRICS; food security; cooperation; Johannesburg declaration; Russian chairmanship;
    All these keywords.

    JEL classification:

    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture

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