The plans of the two countries include the construction of a large grain terminal, as well as the creation of a full-fledged merchant fleet for transporting agricultural products.
Trade relations between the Russian Federation and China have recently been developing rapidly, this also applies to grain trade.
Currently, the parties are planning to begin construction of a logistics hub in the Jewish region (in Russia, on the border with China).
The hub should be called “Grain Terminal Nizhneleninskoye — Tongjiang”, and the “New Overland Grain Corridor” on the Russian side and the International Investment Company “Zhongchengtong” on the Chinese side are going to work on its construction.
The cooperation agreement was concluded within the framework of the Eastern Economic Forum.
It is planned that the Chinese side will invest up to 15 billion rubles in construction.
When the facility is ready, it should provide fast and efficient transportation of grain cargo, and it will be able to work in both directions.
It is expected that the most modern technologies will be actively used during the construction of the logistics center. For example, full automation, address storage warehouses.
All this will further increase the efficiency of the terminal and will also reduce the cost of its maintenance.
In addition, work is being done to prevent empty grain containers from being sent back from China to Russia: they are also planned to be loaded with payloads. This is also an important step towards ensuring that the terminal’s performance is at the highest level.
Russia will receive its own grain fleet
Transporting grain by sea has been difficult in recent years due to various restrictions and sanctions from Western countries.
But now this issue can be resolved thanks to the emergence of the Russian Federation’s own grain fleet. It will be capable of transporting up to 600 thousand tons of grain.
This project is also planned to be implemented through joint efforts: at the same Eastern Economic Forum, another agreement was signed between the Transbaikal Grain Terminal and the Chinese company Guangdong BestCon Intelligent Equipment.
It is planned that the new fleet will be capable of transporting up to 22 thousand containers of grain.
In addition, nothing prevents the use of the same vessels from transporting other cargo of a wide range.
This makes the new fleet more versatile and efficient than the offshore bulk carriers currently used to transport grain.
Such an instrument will be very useful in order to further expand trade cooperation with China.