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Faurie highlighted soybean meal market opening agreement with China

Wednesday, 11 September 2019
Information for the Press N°: 

Following the joint work of the Ministry of Agriculture, Livestock, Fisheries and Food, the Ministry of Foreign Affairs and Worship, the Argentine Embassy in China, and SENASA, Foreign Minister Jorge Faurie and Minister Luis Miguel Etchevere formally announced the agreement with the People's Republic of China for the opening of the soybean meal market.

"This agreement has a particular symbolism and is very important for our foreign trade because soybean meal is Argentina's main export, and because China needs that product to feed its livestock. Therefore, the possibilities that now become available to our country are very significant," stated Faurie during the event held today at the Ministry of Agro-industry.

"China is the second largest economy at the global level, with which we share huge projects in the fields of infrastructure and energy and a comprehensive strategic partnership, and from which we have received financial cooperation," stated Foreign Minister during the event, which was also attended by the Chinese Ambassador to Argentina, Zou Xiaoli.

Faurie underscored the opening of "more than 200 international markets for our products" in the last four years, and added that this new step "will benefit the whole soy production chain in our country, which will result in more jobs."

This historic agreement is a great opportunity for Argentina to enter the world's largest consumer market of vegetable protein to feed livestock. China has more than 500 million heads of cattle and pigs.