Baku, Azerbaijan, Dec. 10
By Rashid Shirinov – Trend:
In January-November 2018, Kazakhstan’s National Company Food Contract Corporation JSC exported 401,600 tons of grains and oilseeds, Trend reports citing the press service of the company.
This is a huge leap compared to last year, when the company exported about 120,000 tons of grains and oilseeds.
In particular, this year 145,100 tons of wheat was exported to Transcaucasia, 126,400 tons of wheat to Central Asia, 110,600 tons of barley to Iran, and 19,000 tons of wheat and 417.2 tons of sunflower oil were exported to China.
Food Contract Corporation noted that the increase in exports this year is due to the sale of grain in the offseason from the intervention fund, as well as the resumption of wheat supplies to Turkmenistan and the countries of Transcaucasia.
The main activity of Food Contract Corporation is participation in ensuring Kazakhstan’s food security, promoting stabilization of the country’s grain market and export development. The sole shareholder of the company is KazAgro National Management Holding.
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