Food Export Trade (part of the Russian Group of companies "New Land Grain Corridor", GC "NLGC") and the Chinese investment group "Heilongjiang YiLi", which provides transport and logistics services (Harbin city) have signed an agreement on the organization and development of grain cargo transportation through the territory of the Russian Federation and the People's Republic of China. The agreement will allow for regular, stable supplies of products to the People's Republic of China, ensuring a high level of service for Chinese consumers. The parties signed a document to this effect during the Heilongjiang YiLi company representatives' visit to the "Food Export Trade" headquarters in Novosibirsk.
Under the terms of the agreement, the Heilongjiang YiLi Company agrees to organize cargo transportation in specialized grain containers that are part of the "NLGC" Group of Companies' land grain fleet, as well as freight forwarding services in the People's Republic of China. Such cooperation will ensure regular supplies of grain, legume, and oilseed crops produced in the Urals, Siberia, and the Far East to China as part of the execution of long-term contracts concluded by Food Export Trade with Chinese customers, as well as increase cargo turnover between the Russian Federation and the People's Republic of China.