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In the Far East, will increase the production of soybeans for deliveries to China
Russia plans to enter the Chinese market with agricultural products. To this end, it is planned first of all to increase the production of soybeans in the Far East. This was stated by Prime Minister Dmitry Medvedev on the results of his visit to China.
According to the chairman of the Russian government, soybean is very popular in China, 95 million tons of this crop is imported there every year. More 30 million tons were supplied from the United States, however, due to trade problems that have arisen in the relations between these countries, a certain part of the soybean segment was released. Russian manufacturers are planning to occupy this niche; the authorities of the two countries have already tentatively agreed on the presence of Far Easterners in the market.
According to the press service of the Ministry of Eastern Development, the harvesting of soybeans in the Far East is not over yet and will continue until winter. Last year, almost two million tons of soybeans were grown in the FEFD. It is mainly produced in the Amur region and in Primorye. The potential production of soybeans in the coming years exceeds one million tons.
Following the 23-th regular meeting of the heads of government of Russia and China, the parties signed an agricultural development plan in the Russian Far East and in the Baikal region, as well as in northeast China.