Monday, 15 May 2017

Monday Black Sea agribusiness news

Chinese President Xi Jinping said that China is willing to strengthen strategic coordination and deepen mutually beneficial cooperation with Kazakhstan.

Kazakh President Nursultan Nazarbayev said Kazakhstan is willing to deepen cooperation with China in such areas as trade, agriculture, mining industry, railway, and technology.

The two leaders met and made the comments at the Belt and Road Forum for International Cooperation in Beijing yesterday.

The agriculture ministries of Belarus and Russia will hold a working meeting in Moscow today to try and resolve the current dispute over Belorussian agri-exports to Russia.

You may recall that Russia’s agriculture watchdog, Rosselkhoznadzor's inspected several Belorussian enterprises which then resulted in Russia banning imports of many Belorussian products over food safety concerns.

Turkey will resume wheat imports from Russia today just a few days after the trade dispute between the two countries was settled.

Russia’s Deputy Prime Minister said opening of the Turkish market will allow Russia to increase its grain exports in the current agricultural year which have lagged behind expectations and with new crop harvest weeks away it’s unlikely exports for the current marketing year will reflect the record crop from last year.

Ukraine grain exports reached 37.2mmt for the current marketing year, 9% more than same period last year.