AVN 65.45 Increased By ▲ 0.50 (0.77%)
BAFL 30.65 Decreased By ▼ -0.86 (-2.73%)
BOP 4.83 Increased By ▲ 0.04 (0.84%)
CNERGY 3.72 Decreased By ▼ -0.12 (-3.13%)
DFML 14.26 Decreased By ▼ -0.15 (-1.04%)
DGKC 41.06 Decreased By ▼ -0.54 (-1.3%)
EPCL 46.56 Decreased By ▼ -0.14 (-0.3%)
FCCL 11.35 Increased By ▲ 0.06 (0.53%)
FFL 5.03 Decreased By ▼ -0.02 (-0.4%)
FLYNG 5.78 Decreased By ▼ -0.04 (-0.69%)
GGL 10.28 Decreased By ▼ -0.17 (-1.63%)
HUBC 67.03 Increased By ▲ 1.39 (2.12%)
HUMNL 5.68 Increased By ▲ 0.02 (0.35%)
KAPCO 27.85 Increased By ▲ 0.10 (0.36%)
KEL 2.19 Increased By ▲ 0.04 (1.86%)
LOTCHEM 24.83 Increased By ▲ 0.48 (1.97%)
MLCF 21.37 Decreased By ▼ -0.11 (-0.51%)
NETSOL 84.20 Decreased By ▼ -0.59 (-0.7%)
OGDC 85.94 Decreased By ▼ -1.31 (-1.5%)
PAEL 11.01 Increased By ▲ 0.03 (0.27%)
PIBTL 4.17 Decreased By ▼ -0.05 (-1.18%)
PPL 74.56 Decreased By ▼ -1.14 (-1.51%)
PRL 13.40 Decreased By ▼ -0.25 (-1.83%)
SILK 0.92 Increased By ▲ 0.03 (3.37%)
SNGP 40.44 Decreased By ▼ -0.89 (-2.15%)
TELE 5.86 Increased By ▲ 0.01 (0.17%)
TPLP 15.42 Decreased By ▼ -0.22 (-1.41%)
TRG 111.63 Decreased By ▼ -0.07 (-0.06%)
UNITY 13.76 Decreased By ▼ -0.22 (-1.57%)
WTL 1.14 Decreased By ▼ -0.02 (-1.72%)
BR100 4,037 Decreased By -26.9 (-0.66%)
BR30 14,412 Decreased By -56.6 (-0.39%)
KSE100 40,471 Decreased By -262.4 (-0.64%)
KSE30 15,163 Decreased By -67.2 (-0.44%)
Follow us

BRASÍLIA: Brazilian President Jair Bolsonaro on Wednesday proposed lifting a ban on mining in indigenous territories in the Amazon to offset potential fertilizer shortages due to Russia's invasion of Ukraine.

The far-right leader said that mineral extraction in indigenous territories -- something vehemently opposed by those local communities and environmentalists -- was necessary to avoid dependence on imported products.

"With the Russia/Ukraine war we now face the risk of a lack of potassium or that its price rises," Bolsonaro wrote on Twitter.

Potassium is a crucial ingredient in many fertilizers.

Agriculture giant Brazil imports more than 80 percent of the fertilizers it uses, and when it comes to those containing potassium, that figure rises to 96 percent, according to the agriculture ministry.

Close to 20 percent of the fertilizers it imports come from Russia.

"Our food security and agribusiness require Executive and Legislative measures so that we don't depend externally on something we have in abundance," said Bolsonaro.

He also cited a bill first proposed in 2020 that would allow for the extraction of minerals in indigenous territories in the Amazon, something that is currently banned by law.

"When this bill is approved, that would solve the problem."

Since coming to power in 2019, Bolsonaro has pushed for a relaxing of environmental protection laws and has faced international protests due to the increase in Amazon deforestation under his watch.

Bolsonaro, who visited Russian President Vladimir Putin a week before he sent troops to invade Ukraine, has maintained Brazil's "neutrality" in the conflict.

However, on Wednesday Brazil supported a United Nations General Assembly resolution demanding Russia withdraw "immediately" from its neighbor.

Later in the day, Agriculture Minister Tereza Cristina, told a press conference that Brazil has other partners, such as Canada, who could supply the needed fertilizers, "if not all of them, at least a good part of them."

Comments

Comments are closed.

Bolsonaro proposes Amazon mining over fertilizer shortages

Imran talks of ‘jail bharo’ movement soon

Pakistan to appeal to Taliban leader over mosque bombing

Section 144 imposed in Peshawar

Marriyum steps up criticism of IK

IK says ‘some other people’ behind acts of vengeance

Foreign authorities seeking properties/bank accounts info: FBR won’t intimate concerned taxpayer about request

Dar chairs meeting on role of PDFL, SOEs

‘Kashmir Solidarity Day’ today

WB board to consider $78m ‘digital economy’ project next month

PM directs PD to recover Rs1.13bn royalty amount from 2 oil, gas cos