China started purchasing grain from Ukraine
2013-06-20 14:56:54
According to the official information released by State Food and Grain Corporation of Ukraine, China started purchasing grain from Ukraine. State Food and Grain Corporation of Ukraine stated that it will purchase total of 4 million tons from population and will export approximately 2 million tons by the end of the year. China National Machinery Complete Industry Engineering Corporation is the one purchasing grain. Corporation received USD 1.5 billion from China for development of agricultural sector.
UkrAgroConsult comment: As China works with Ukrainian government more private entities receive more opportunities for themselves.