Argentina, China ink soybean meal deal

Source: Xinhua| 2019-09-12 10:54:08|Editor: huaxia
Video PlayerClose

ARGENTINA-BUENOS AIRES-CHINA-AGREEMENT-SOYBEAN MEAL

China's Ambassador to Argentina Zou Xiaoli (1st L) speaks at a press conference in Buenos Aires, Argentina, Sept. 11, 2019. Argentina and China on Wednesday signed an agreement that paves the way for Argentina's soybean meal exports to the Chinese market. (Xinhua/Martin Zabala)

BUENOS AIRES, Sept. 11 (Xinhua) -- Argentina and China on Wednesday signed an agreement that paves the way for Argentina's soybean meal exports to the Chinese market.

Argentina's Minister of Agro-Industry Luis Miguel Etchevehere called the agreement a "historic achievement."

"Argentina and China are prepared to exchange all kinds of (agricultural) products, providing the country (Argentina) with a great opportunity to enter the world's biggest consumer market for vegetable protein for cattle feed," Etchevehere told reporters covering the event.

Bilateral cooperation in agro-industry plays a key role in the comprehensive strategic partnership between Argentina and China, said Etchevehere, adding "we continue to see room for growth in ties."

Argentina expects to export some 5 million tons of soybean meal to China in early 2020, according to Argentina's Agriculture Ministry.

China is Argentina's second-largest trade partner and Argentina's biggest export market for agricultural goods.

KEY WORDS:
EXPLORE XINHUANET
010020070750000000000000011100001383862441