BRICS agricultural markets support: the existing practice and possible perspectives

In the present circumstances cooperation development in the agricultural markets of the BRICS countries is one of the most promising prospects for the Russian Federation. Given that the BRICS countries' total production of many key agricultural products reaches 30-50% of their world production. Fortaleza Declaration 2014 confirms the BRICS countries' intention to develop the cooperation in the field of agriculture. The aim of our research is to analyze the BRICS countries agricultural markets, which are most significant for the development of the BRICS economies and the global economy. Besides, the aim is to substantiate the need for an international institution to provide effective development and implementation of innovations in the BRICS countries' agricultural markets. According to our analysis the most important agricultural markets for the BRICS countries are the markets of milk, grain (rice, wheat), meat (pig, cattle, chicken), tomatoes, eggs (hen, in shell). Consequently, these markets are most perspective in terms of their co-regulation and the establishment of institutions for joint innovations. The agricultural sector of developing countries, including the BRICS countries, demonstrates a range of problems, which have to be solved. Among these are depletion and degradation of land and water, negative impact on the environment, the need for increasing agricultural production, the problem of hunger, the problem of biosecurity and many others. The problems of the BRICS countries' agricultural sector are so complex that solving them requires implementing innovative projects at the level of international institutions. Since the BRICS countries are not an economic integration group so far and they do not have any common regulators. Therefore, the BRICS countries' agricultural policy is carried out by national governments. Obviously, the solutions implemented within these policies are remaining fragmented. Thus, establishment of an international institute and related national institutions, which could promote the development of the BRICS countries' agricultural sector and the implementation of effective innovations, is becoming an increasingly important issue today. The authors propose an Institute of Agrarian Markets Development of the BRICS countries (BRICS Agrarian Development Institute). The model of the BRICS Agrarian Development Institute is based on the methodology of the systems approach (the directions of cybernetics and synergetics) and on a model of self-organizing system. The requirements for the BRICS Agrarian Development Institute are formulated in accordance with the BRICS principle of fair governance and systems approach principle of self-organization. The structure of the BRICS Agrarian Development Institute is based on the model of self-organizing system. The concept of the BRICS Agrarian Development Institute technology is presented in this paper. The technology of the BRICS Agricultural Development Institute can be implemented as an online technology (in an electronic form through the Internet in the real time mode). Yet, this requires introduction of external legally valid electronic document circulation among the BRICS countries. The BRICS Agrarian Development Institute is to reveal and promote innovations and projects taking into account the interests of the project stakeholders. The Institute is to ensure the qualitative development of the BRICS countries' agricultural sector.

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