China has approved the import of red meat and red meat by-products from Russia, the Common Management of Customs of the Folks’s Republic of China introduced. Consistent with the dep., ranging from January 24, “imports of red meat and fit to be eaten red meat by-products from Russia that meet the related necessities are allowed”.
Russia’s industry consultant in China stated that provides of Russian red meat to China might start in the second one part of 2024. In September 2023, the Chinese language government lifted transient restrictions associated with African swine fever, which have been in impact for Russia since 2008.
Consistent with estimates from the Nationwide Union of Beef Manufacturers, Russian red meat exports to China might achieve 150-200 thousand heaps in step with 12 months. Because of the Chinese language marketplace, general exports of this product from Russia may just achieve 400-500 thousand heaps in step with 12 months. Rusagro might change into one of the vital key beneficiaries of the hole of the Chinese language marketplace. The corporate is recently the third-largest red meat manufacturer in Russia.
January 25, 2024/ AgroExport/ Russia.
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