Russia's EPT signs deal to export 70m t of grain, legumes and oilseeds to China

China Chengtong Development

18/10/2023 09:51

Oct 18 (Reuters) - Russia's EPT grain export company has
entered into a contract with the China Chengtong state
corporation to supply 70 million tons of Russian grains, legumes
and oilseeds to China, EPT said on Wednesday.
     An EPT representative said that the contract was for 12
years, with the possibility of an extension.
    Russia said that it had exported around 60 million tons of
grain in the 2022-2023 season, a record. It did not disclose the
precise numbers. 
     Russia's agriculture watchdog said that the country's grain
exports to China since the beginning of 2023 have grown to a
record 3.5 million tons as of Sept 24, compared to 2.2 million
tons for the whole of 2022. 

 (Reporting by Olga Popova; Editing by Mark Trevelyan 
Writing by Felix Light)