Russia paving the way for increasing grain exports to China

01.02.2017

In Q1 2017, Russia and China are planning to sign protocols of Russian buckwheat, oat, sunseed and linseed deliveries to China. At the same time, the Chinese party does not require the above deliveries to be made from certain subjects of the Russian Federation. This allows shipping these crops from all of the Russian regions in the future, said Russian ag minister Aleksandr Tkachev.

Tkachev pointed out that the Ag Ministry continues working systematically on accessing Russian grain to the Chinese market. An agreement has already been reached about possible inclusion of wheat from Chelyabinsk and Amur regions into the list of exporters. The respective application of Kurgan region is under consideration.

According to the Ag Ministry, Russia exported 756 KMT of grain to China in 2016, or 6% more than in 2015 (714 KMT), informs UkrAgroConsult.

As a reminder, a road-map is being designed in Russia within the grain sector development strategy till 2030. One of the road-map’s key points will be lifting current barriers that emerge in the way of exports.

 

UkrAgroConsult

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