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Belarusian Agriculture Ministry, two Chinese corporations sign cooperation roadmap
13.06.2017 17:08 "Agro Perspectiva" (Kyiv) —
As to Belarusian Agriculture and Food Minister Leonid Zayats, the Belarusian Agriculture and Food Ministry and the Chinese companies Xinrongji Holding Group and DRex Food Group have signed a cooperation roadmap, Belarus Radio says referring to BelTA report.
As to the report, Zayats explained that the document stipulates specific dates for implementing events and taking measures till the end of the year.
As to the Minister, the Chinese side has stated its intention to register a joint venture as a joint-stock company within Belarus soon; the joint venture will export Belarusian agricultural products and food to China, with the expected monthly trade turnover of about US$10 million.
As to Zayats, the Belarusian side has agreed to become a co-founder of the joint venture. Besides, the company will have the authority to make investments by buying shares in charter capitals of Belarusian milk-processing companies and channeling the funds into modernization and expanding the choice of products. This clause of the protocol is supposed to be implemented by this year Sept 1.
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