PoliticsNotableConfirmed
6.9
Brazil's Lula Approves Profert Fertilizer Program, Vetoes National Product Definition
Poder360·BR·about 15 hours ago
Brazilian President Lula signed a law creating incentives for the domestic fertilizer industry, including a mandatory blending of imported fertilizers with national products starting in 2027. This marks a policy shift toward import substitution in a sector where Brazil is highly dependent on imports. The measure could reshape global fertilizer trade flows and impact major exporters.