3.6 million tons of grain were sent to China from Russia this year. This is a record value, which is 3 times more than in the same period last year.
Despite the almost complete ban, Kazakhstan does not believe that it is violating trade rules that apply within the EAEU.
This year, China plans to harvest 694 million tons of grain. In many ways, this should become possible thanks to the widespread introduction of new technologies.
Despite the declared support for Ukraine, in fact many European countries put the interests of their farmers first.
Currently, the Far Eastern Federal District is the leading soybean producer in Russia, but processing capacity is still lacking.
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.
These countries plan to expand the adoption of such crops, which should help increase yields.
Currently, a draft resolution has already been submitted to the government, according to which the duty will have to be extended until August 31, 2024.
The Russian Syngenta, a «daughter» of the foreign company of the same name, plans to raise prices very strongly in the next six months.
China’s state-owned company Danong Agriculture Development Group plans to invest up to $12.7 billion in the development of agriculture in this country.