JSC National Company Food Contract Corporation and China’s Shandong Hi-Speed Qilu Eurasia Railway Express Co. Ltd. signed a memorandum of cooperation aimed at developing the supply of grain, feed, and oilseed crops from Kazakhstan to China. The parties agreed to develop exports, including through contract farming, whereby crops are purchased from farmers during the sowing season.
During the talks, Kazakhstan’s Minister of Agriculture, Aidarbek Saparov, representatives of the Chinese Customs Agency, and Food Contract Corporation executives discussed expanding exports through the use of Shandong Province’s railway infrastructure. Particular attention was paid to logistics, customs cooperation, and joint processing of products. According to the minister, Kazakhstan is capable of annually supplying up to 3-4 million tons of grain and feed meal to China, including container shipments.
Representatives of Shandong Hi-Speed Qilu Eurasia Railway Express expressed their willingness to increase purchases of Kazakh agricultural products and noted that Shandong Province intends to import up to 500,000 tons of produce. The parties will soon establish a working group to coordinate logistics, production, and customs processes, as well as prepare new export contracts.