Agricultural Investments

June 10, 10:19 Source: APK-Inform Views: 75

China to import Russian grain

Importers of China intend to seek quota allocation for the Russian grain supply in the country. According to the official representative of Rosselkhoznadzor Alexey Alexeenko statement to Interfax, this intention was announced in the course of negotiations among the representatives of Manchuria quarantine services and businesses of two countries.

"We agreed that Chinese businessmen asked the Government to allocate a quota for Russian grain supply, they have a deep interest in our wheat, barley and rye," - he said.

According to Alexeenko currently the Russian grain "suits" Chinese requirements as Rosselhoznadzor guarantee its quality in accordance with the laws of the PR China.

In turn, the Chinese side stated its intention to introduce new equipment for reception and processing of the Russian grain.

At that Alexeenko noted that China plans to buy the Russian rapeseeds. "In Manchuria rapeseeds processing plant put into operation, that will use mainly Russian raw materials, and, as Chinese experts emphasized, imported rapeseeds should not contain GMO", - he said.

Experts estimate that China imports up to 2 million tons of grain a year mainly from the U.S. and Canada. Russia has not supplied the grain in China since the mid 90s- the Chinese authorities imposed a ban on the export of a number of countries, including from Russia, due to the infestation of grain.




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