China’s commerce ministry briefs related issues on China-US soybean trade

In response to a question on White House’s claim that China has agreed to buy around 12 million tons of US soybeans in November and December, and to buy at least 25 million tons of US soybeans each year for the next three years, He Yadong, a spokesperson for the Ministry of Commerce, said on November 14 at a press briefing that recently, the commerce ministry has released relevant information on the China-US economic and trade consultations in Kuala Lumpur, introducing the main outcomes and consensus reached during the consultations. These include agricultural trade. “China is an important participant in global agricultural trade and will continue to uphold an attitude of openness and cooperation, deepening mutually beneficial cooperation with global trading partners and jointly maintaining an open, stable and sustainable global trading system,” He said. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the ...