KIEV, Jan. 12 (Xinhua) -- Cooperation in the grain sector between Ukraine and China has yielded positive results in recent years, the Ukrainian Agriculture Ministry said in a statement Wednesday.
Between 2013 and 2016, the State Food and Grain Corporation (SFGC) of Ukraine, the country's grain market operator, exported some 3.357 million tons of grain to China National Complete Engineering Corporation (CCEC), the statement said.
The two companies have already prepared a plan for grain trade in 2017 and developed a forward deal for planting winter crops, it said.
Besides, Ukraine's grain market operator plans to purchase a total of 3,000 railroad cars for grain transportation by 2020 using a Chinese loan, the ministry said.
Last year, the SFGC said it was in talks with the CCEC over a possible investment in the framework of the privatization program.
The Ukrainian government has decided to privatize the state grain market operator, which owns about 10 percent of the country's certified grain storage capacities, to boost its effectiveness.
This year, Ukraine plans to launch a cargo train to China via the rail-sea Trans-Caspian International Transport Route, which is expected to boost agriculture trade between the two countries.
