China and Ukraine will join hands to promote the diversification of agricultural trade

Published 2021년 5월 20일

Tridge summary

A seminar titled 'China-Ukraine Trade Prospects for Beans, Grains and Oilseeds' was held online, with key participation from officials like Chinese Ambassador to Ukraine Fan Xianrong and the Uzbek Deputy Minister of Economy, Trade and Agriculture. The event aimed at exploring the potential of agricultural trade between China and Ukraine. In 2020, China's economic and trade volume with Ukraine grew by 21%, making China the country's largest trading partner. The trade primarily focuses on agricultural exports from Uzbekistan to China, including corn, barley, sunflower oil, and oilseed meal, and is expected to expand to include soybeans, peas, beef, pork, berries, and organic agricultural products. The Uzbek government is keen to enhance cooperation with China for exporting more quality agricultural products. The seminar also saw participation from over 200 agricultural trade companies from both countries, aiming to improve agricultural and food trade relations.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

News from Kiev: On the 18th local time, the "China-Ukraine Trade Prospects for Beans, Grains and Oilseeds Online Seminar" was successfully held. Chinese Ambassador to Ukraine Fan Xianrong, Uzbek Deputy Minister of Economy, Trade and Agriculture and Ukrainian Trade Representative Kachka, Uzbek State Food The Director of the Department of Safety and Consumer Protection Magaretskaya and others attended the meeting. Fan Xianrong said that in recent years, the scale of bilateral trade between China and Ukraine has continued to expand, and China is Ukraine’s largest trading partner. In 2020, China-Ukraine economic and trade volume will grow 21% against the trend. Statistics show a year-on-year increase of 51.1% from January to March. Among them, agricultural trade has played an important role in the rapid growth of bilateral trade. From January to March this year, Uzbekistan’s agricultural exports to China were 1.49 billion U.S. dollars, accounting for 61.1% of total exports to China. ...

Source: Agri.cn