Russia–Brazil Strategic Partnership Strengthened Further: New Opportunities Open in Trade, Transport, and Technology

Kathmandu – Russia and Brazil have reaffirmed their commitment to further strengthening their long-term strategic partnership and expanding cooperation across all sectors. Commenting after a meeting of the Russian–Brazilian High-Level Commission, Russian Deputy Prime Minister Alexey Overchuk stated that cooperation between the two countries is advancing in a multidimensional manner.

According to him, mutual trade between Russia and Brazil has doubled over the past five years, reaching approximately USD 10 billion. However, he noted that the real potential between the region’s two largest economies is significantly higher, with both sides aiming to expand trade by increasing the share of high value-added products.

Currently, Russia exports fertilizers to Brazil, accounting for around 27 percent of the total fertilizers used in the country. Petroleum products are also supplied from Russia to Brazil. Meanwhile, Brazil exports coffee, meat, soybeans, and other agricultural products to Russia.

Both countries have prioritized the removal of trade barriers, harmonization of regulations, and the development of transport and logistics systems. These efforts are expected to improve the business environment and create new opportunities for entrepreneurs in both nations.

Discussions are also underway regarding new possibilities in the transport sector. Overchuk informed that talks are being held on opening a direct maritime shipping route between St. Petersburg and Brazil, as well as resuming direct air services.

Cooperation in tourism is also expanding. Approximately 30,000 Russian tourists visited Brazil last year, indicating the strengthening of people-to-people ties between the two countries.

In addition, cooperation is growing in the fields of medicine and pharmaceutical production, science, education, high technology, space cooperation—including remote Earth sensing, the use of the GLONASS system, and space debris monitoring—as well as culture and humanitarian exchanges.

Deputy Prime Minister Overchuk emphasized that Russia and Brazil share a constructive outlook and view each other as long-term strategic partners, noting that the overall atmosphere of cooperation remains positive and forward-looking.