The BRICS Food Security Belt is a mechanism for multilateral cooperation on food security

Managing Director of the New Land Grain Corridor Group of Companies and General Director of the Food Export Trade Company Karen Ovsepyan, spoke at the XXVII St. Petersburg International Economic Forum's panel session on the role of the BRICS states in ensuring global food security. During the discussion, he presented the group of companies' vision for using proven innovations to implement BRICS food security initiatives.

Food security is a matter of sovereignty for the vast majority of BRICS member countries, both present and future, as they are net importers of food and drinking water. Under these conditions, the implementation of the BRICS Food Security Belt initiative will not only make an exceptional contribution to ensuring the BRICS countries' food security, but will also serve as a positive example of cooperation in an era of dwindling ideas that unite countries and peoples.
A unique and replicable practical experience was gained during the implementation of the "Land Food Corridors" program. This experience involved the calculation and formation of the "food raw material balance" based on the key nomenclature for food and raw materials (volume of consumption, level of deficit or surplus, production potential with targeted installations and support), as well as long-term contracts. The formation of long-term indicative balances for the most important food products, taking into account each alliance member country's long-term production plans, as well as formula pricing, ensures market stability and predictability. Food and access must be controlled at the association level and cannot be used as a tool of coercion.

The establishment of the BRICS Food Security Belt mechanism in the context of global climatic, economic, and geopolitical changes will allow the international association to combine its resources, production, and infrastructure capabilities involving both food-insecure countries and those capable of producing additional volumes, as well as lay the groundwork for replicating similar mechanisms in more complex segments of the economy.
All of this contrasts with the West's divisive and discriminatory policies, which believe that prioritizing certain countries over others for access to resources, medicines, and technologies is appropriate in the twenty-first century.