Photo: Ministerio de Ganadería, Agricultura y Pesca.
According to an article from Ukr Agro Consult, the Oriental Republic of Uruguay and the People's Republic of China signed a new trade agreement that will allow the Latin American country to export soybeans and rapeseed meal to the Asian country.
This new agreement required the signing of a phytosanitary protocol, which sets and ensures minimum standards for inspection, traceability, and safety for the two products in question, which are highly demanded as animal feed in the Asian continent.
Under this agreement, pilot batch exports will be allowed, while audits are conducted on the processing plants of these products, along with the proposals to enable exports of rapeseed grains.
Similarly, within the framework of this agreement’s consolidation, a memorandum of understanding was signed for the establishment of a demonstrative family farm in the South American country and a livestock production laboratory in the Asian country, aiming to contribute to the development of agricultural and technological cooperation between both nations.
The establishment of the livestock breeding and production laboratory in China, as well as the demonstrative family farm in Uruguay, are projects that fall under a bilateral strategy between the two countries, with the purpose of exchanging technical knowledge and technologies.
Both the agreement and the memorandum were formalized during the mission led by Alfredo Fratti, Uruguay's Minister of Agriculture, during his visit to the People's Republic of China, aimed at developing trade cooperation. He also attended the SIAL food fair in Shanghai.
It is expected that, with this new agreement, rapeseed meal exports will reach an annual volume of 20,000 tons. In the case of soybeans, estimates foresee exports of up to 50,000 tons per year. A key factor for this progress was the status Uruguay holds with China, where the South American country is regarded as a strategic partner, which facilitates trade development and joint research.
On the other hand, within the context of this mission, Minister Fratti also held a meeting with Liu Guohiong, head of China's National Forestry and Grassland Administration, to discuss cooperation on grassland management and forestry.
In addition, Minister Fratti stated that, in July, further bilateral meetings will be held with senior authorities from the People's Republic of China, with the aim of developing other agribusiness ventures, such as dairy products, soybean by-products, and processed meat.
In this regard, Gastón Scayola, president of Uruguay's National Meat Institute, who accompanied Minister Fratti on this mission to China, emphasized that "Uruguay, which exports 85% of its food, is significant for a country that imports 90% of its food."
Also, during this mission, the Uruguayan government delegation, led by Minister Fratti, explored potential opportunities to expand the destinations of Uruguayan exports and increase the presence of their products in various markets, such as Macau, Saudi Arabia, and Hong Kong.
Last but not least, it is worth highlighting that Miguel Sierra, president of Uruguay’s National Institute of Agricultural Research (INIA), stressed that the South American country achieved a strategic partnership status with the People's Republic of China, which will allow for a more streamlined export process and a higher level of priority in bilateral trade.
* Original text in Spanish. Translated by Large Language Model (LLM) technology.
Main Source:
Uruguay clinches rapeseed and soybean meal deal with China – UkrAgroConsult
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