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All news / Agricultural trade between Russia and China grew by 9.5%

  • 11 Dec 2019, 09:26

According to the Ministry of Agriculture of Russia, agricultural trade between the Russian Federation and China continues to grow steadily.

 

So, in January - October of this year, agricultural trade turnover increased by 9.5% compared to the same period of 2018, amounting to $ 3.93 billion.

At the same time, Russian exports to China increased in value by 25% (to $ 2.6 billion). The range of exports is expanding.

Also the sixth meeting of the Intergovernmental Russian-Chinese Commission on Investment Cooperation was held in Beijing. The meeting participants discussed the expansion of cooperation to build joint value chains in agriculture, talked about the prospects for improving the business climate. They also discussed the supply of livestock products and the possibility of signing a joint document on the issue of interaction between agricultural universities of Russia and China.