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Agriculture News

The Economic Times

Agriculture / The Economic Times

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BRICS and the new geography of agri-trade

Indias BRICS chairship in 2026 comes as agricultural trade faces new challenges beyond tariffs, including climate shocks, food-price volatility, fertiliser supply disruptions, sustainability requirements and digital traceability standards. With BRICS now accounting for nearly half the worlds population, around 40% of global GDP and $1.17 trillion in intra-group trade, agriculture has become a strategic area for cooperation.

4 Jun 2026 3:40 pm