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Russia and China signed the largest grain supply contract worth around $25.7 bln

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Russia and China sign largest contract for grain supply​

Leader of the New Overland Grain Corridor initiative Karen Ovsepyannoted that this initiative will help normalize the export structure within the Belt and Road framework

BEIJING, October 17. /TASS/. Russia and China signed the largest grain supply contract worth around $25.7 bln, leader of the New Overland Grain Corridor initiative Karen Ovsepyan told TASS.
"Today we signed one of the largest contracts in the history of Russia and China for almost 2.5 trillion rubles ($25.7 bln - TASS) for the supply of grain, legumes, and oilseeds for 70 mln tons and 12 years," he said.
He noted that this initiative will help normalize the export structure within the Belt and Road framework. "We are definitely more than replacing the lost volumes of Ukrainian exports thanks to Siberia and the Far East," Ovsepyan noted.
According to him, the New Overland Grain Corridor initiative would be launched soon. "At the end of November - beginning of December, at a meeting of the heads of government of Russia and China, an intergovernmental agreement on the initiative will be signed," he said.

According to him, thanks to the Transbaikal grain terminal, the new initiative will increase exports of Russian grain to China to 8 mln tons, which will increase to 16 mln tons in the future with the construction of new infrastructure.

 

Russia and China sign largest contract for grain supply​

Leader of the New Overland Grain Corridor initiative Karen Ovsepyannoted that this initiative will help normalize the export structure within the Belt and Road framework

BEIJING, October 17. /TASS/. Russia and China signed the largest grain supply contract worth around $25.7 bln, leader of the New Overland Grain Corridor initiative Karen Ovsepyan told TASS.
"Today we signed one of the largest contracts in the history of Russia and China for almost 2.5 trillion rubles ($25.7 bln - TASS) for the supply of grain, legumes, and oilseeds for 70 mln tons and 12 years," he said.
He noted that this initiative will help normalize the export structure within the Belt and Road framework. "We are definitely more than replacing the lost volumes of Ukrainian exports thanks to Siberia and the Far East," Ovsepyan noted.
According to him, the New Overland Grain Corridor initiative would be launched soon. "At the end of November - beginning of December, at a meeting of the heads of government of Russia and China, an intergovernmental agreement on the initiative will be signed," he said.

According to him, thanks to the Transbaikal grain terminal, the new initiative will increase exports of Russian grain to China to 8 mln tons, which will increase to 16 mln tons in the future with the construction of new infrastructure.

the russians are really sick people.
they bomb Ukraine people, they bomb Ukraine grains silos then brag they will replace Ukraine grains.
by such huge grains volumes to China, Putin will have less to feed own population. But ok, he needs money to finance the war. the russians can eat potatoes and go hungry to bed.
 
the russians are really sick people.
they bomb Ukraine people, they bomb Ukraine grains silos then brag they will replace Ukraine grains.
by such huge grains volumes to China, Putin will have less to feed own population. But ok, he needs money to finance the war. the russians can eat potatoes and go hungry to bed.
This is a strange accusation.
I don't know how you come to the conclusion that in order to export food to China, Russians need to starve?
Russia's annual grain output in 2022 will be 150 million tons, and its export volume will be close to 60 million tons. This is a very reasonable export figure. After deducting the export quantity, the per capita grain of 146 million Russians has reached more than 600kg.
 

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