Russia is seeking to expand its food and fertilizer exports to the United Arab Emirates while advancing plans for a grain exchange among BRICS nations, highlighting shifting trade dynamics amid ongoing geopolitical tensions.

Deputy Prime Minister Dmitry Patrushev said Russian companies are keen to increase shipments to the UAE, not only of food products but also mineral fertilizers. The comments came during a meeting with UAE Vice President Sheikh Mansour bin Zayed, according to a statement published by the Russian government.

Russia accounts for roughly one-fifth of global fertiliser trade, making it a key supplier in international agricultural markets. However, supply chains have been disrupted in recent months due to restricted traffic through the Strait of Hormuz and the wider conflict in the Middle East.

Alongside boosting bilateral trade, Moscow is pushing forward with the creation of a grain exchange designed to facilitate trade among BRICS countries. The bloc includes major agricultural producers and consumers such as China, Brazil, India, Egypt and South Africa.

The proposed exchange is intended to streamline trade flows between member states, potentially reshaping global agricultural markets at a time of heightened uncertainty.

Meanwhile, the UAE’s recent decision to exit OPEC has added to broader shifts in regional alliances and energy policy. U.S. President Donald Trump welcomed the move, saying it could contribute to lower oil prices and ease pressure on global markets.