China intends to finance Kazakhstan's agricultural sector under forward contract terms.

A business from China's Shandong province has expressed interest in financing Kazakhstani agricultural producers under forward contract terms, reports the AIC News Agency. As told by the National Company "Prodkorporatsia," the initiative was voiced at the trade and economic cooperation forum between the city of Qingdao and the Republic of Kazakhstan. The event became a platform for discussing the prospects of developing joint projects, including in the grain sector. Prodkorporatsia is already interacting with major Chinese industrial groups, among which are "Xi'an Ai Ju," Fufeng Group Limited, and Dalian Hesheng Holdings. These projects cover the processing of agricultural products, the development of export chains, and the expansion of Kazakh product supplies to the Chinese market. One of the effective tools of cooperation has become the program for consolidating export batches of agricultural products. It provides for the conclusion of three-party contracts between Kazakh ...