The Ambassador informed about the negotiations between Russia and the Philippines on the supply of fertilizers

The Philippines is negotiating with Moscow on the supply of fertilizers, Russian Ambassador to Manila Marat Pavlov said in an interview with RIA Novosti.

“As far as I know, negotiations between Philippine companies and Russian fertilizer producers are already underway,” the diplomat said.

According to him, "the issue of fertilizer supplies is being raised by the Philippine side at the highest level." This is one of those items, the "health" of the Philippine economy directly depends on imports, he explained.

Pavlov recalled that in mid-July, Philippine President Marcos, who prioritizes food security and personally heads the country's Ministry of Agriculture, said that the issue of providing it with affordable fertilizers is a priority.

Against the background of sanctions against RUSSIA, which is one of the largest producers of fertilizers and grains, world food prices have reached record levels, and the UN has warned of the risk of starvation in poor countries.

After that, the US Treasury excluded fertilizers, medical equipment and medicines from Russia from the sanctions list. Washington allowed the EXPORT, import and re-export of these goods. At the same time, sanctions against most Russian financial, insurance and logistics companies continue to apply.

Russian President Vladimir Putin said earlier that the current situation in the food market was provoked by “erroneous economic and financial policies” and Western sanctions. He pointed out that Moscow was ready to help resolve the global food crisis, and offered to increase the export of fertilizers and agricultural products in exchange for the lifting of sanctions. According to Putin, Russia and Belarus are ready to take all necessary actions to meet the needs of the markets, the two countries account for 15% of world trade and 25% for some types of fertilizers.