MOSCOW: Russia’s agricultural exports to China within a long-term contract will total 1.5 million metric tonnes next year and 52 million tonnes by 2028, Agriculture Minister Alexander Tkachev said Wednesday. The contract was signed between the Russian-Chinese “Export Food Trade” company and China’s Sino-Europe Agricultural Development firm.
The deliveries are expected to be carried as part of a “new land grain corridor,” with the first freight train expected to arrive in China in late April. The contract covers grain and oil crops, soybeans, barley, rapeseeds, flax seeds and sunflower oil, he added.