Chinese Enterprises Plan to Grow Soybean in Russian Jewish Autonomous Oblas

The Information Office of Russian Far East Investment and Export Agency pointed out in a news release that Jewish Autonomous Oblas will work with China to implement the soybean and other crops planting and deep processing projects.

Sources pointed out that the relevant agreement will be executed in March 2020. The implementation of this major work requires 500,000 hectares of the agricultural land in the Far East Federal District. According to the preliminary assessment, the Project will double the total amount of Russian Far East soybean exports to China.