Area
China (Mainland)
Commodity Group
Oilseeds, oils and meals
Commodity
Selected oilseeds, meals
Date
01/06/2019
Policy Category
Trade
Policy Instrument
Bilateral, sector-specific trade initiatives
Description
Signed a bilateral protocol on phytosanitary standards aimed at facilitating exports of a number of products including soybeans, rapeseed and sunflower seed meal from the Russian Federation to China.
Notes
The Russian Federations Veterinary and Phytosanitary Surveillance Service and Chinas General Administration of Customs signed a protocol on phytosanitary standards aimed at facilitating exports of a number of products including soybeans, rapeseed and sunflowerseed meal to China. In this regard, Russias Agriculture Ministry expects in particular an increase in soybean shipments, hand in hand with the planned expansion of soybean production in the countrys Far Eastern districts (see MPPU Dec.18). According to information from the Russian Union of Oils and Fats, in the longer term, exports of soybeans to China would gradually be replaced with shipments of soybean meal and oil. In general, shipments of oils and fats feature high among the Ministrys export expansion goals.