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flag India signs major deal with Saudi Arabia to import fertilizer, securing supply amid China's export curbs.

flag Indian fertilizer companies have signed a five-year deal with Saudi Arabia's Ma'aden to import 3.1 million metric tons of DAP fertilizer annually, starting 2025-26, with an option for a five-year extension. flag This agreement aims to secure India's fertilizer supply amid China's restrictions on phosphate exports, which are critical for DAP production. flag The deal also opens possibilities for mutual investments and research collaboration in fertilizers, petrochemicals, and pharmaceuticals.

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