China will purchase 100 000 tons of wheat in Kazakhstan

Date: 05:04, 23-05-2014.

Astana. May 23. KazTAG - China plans to purchase 100 000 tons of wheat from Kazakhstan, reports "KazAgro" national managing holding.

"A framed agreement on cooperation and what trade was signed between China and Kazakhstan," reads the message.

The Chinese corporation KOFKO plans to import 100 000 tons of Kazakhstani commercial wheat from "KazAgro" in 2014-2015 on the market price.

In order to expand the trade volume with wheat between the states and provide transit trade to the third states the parties declared readiness to discuss joint financing of grain terminal contraction.

"It is one of the first steps towards stable trade relations in the field of grain supply between our states," said Dulat Aitzhanov, chair of "KazAgro" holding.

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