• China lifts wheat import sanctions against Russia

    From Sean Dennis@618:618/1 to All on Sat Feb 26 01:25:47 2022
    [ They say this isn't related to the Ukranian invasion but that sure is suspicious timing. -- SD ]

    From: https://www.breitbart.com/asia/2022/02/25/china-lifts-all-wheat-import-restrict
    ions-russia-ukraine-crisis
    
    ===
    China lifted all wheat import restrictions on Russia Thursday, the
    same day the U.S. and the U.K. announced the imposition of financial
    sanctions on Moscow in response to its invasion of Ukraine this week.

    "Wheat from all of Russia's producing regions will be cleared for
    export to China, provided they meet certain requirements," China's
    General Administration of Customs announced on February 24.

    Russian wheat exports to China had previously been subject to
    restrictions due to Beijing's concern over Moscow's ability to prevent transmission of an agricultural crop disease known as dwarf bunt.

    "China will now accept wheat and barley from all over Russia, up from
    a previously allowed seven regions which excluded major growing
    areas," Russia's agriculture watchdog, Rosselkhoznadzor, said on
    February 4 after Moscow and Beijing first negotiated the deal.

    "China will no longer restrict trade in the cereals to certain parts
    of Russia, raising the prospect of Russia being able to send large
    vessels through the key Black Sea export route," Reuters reported of
    the agreement on February 4.

    China's decision to announce the trade agreement's finalization on
    February 24 -- the same day Russia launched a military invasion of
    Ukraine -- appeared conspicuous to many observers, who noted the
    action stood in stark contrast to a U.S- and U.K.-led effort to impose financial sanctions on Moscow to punish the Kremlin for its military
    aggression against Kyiv.

    "Though the announcement was made on the same day as Russia's military operation against Ukraine, it is unrelated to the Russia-Ukraine
    situation," China' state-run Global Times claimed on February 24,
    citing Chinese political analysts.

    China negotiated its latest wheat deal with Russia following an
    in-person meeting between Chinese leader Xi Jinping and Russian
    President Vladimir Putin in Beijing on February 4. Russia is the
    world's largest wheat supplier and has long sought to expand its wheat
    market within China, one of the globe' top wheat buyers.

    Moscow and Beijing "are continuing to work on potential trade
    opportunities," Rosselkhoznadzor said in a statement on February 4
    announcing the wheat deal.

    These potential agreements include a plan that would allow Russia to
    supply peas to China by 2023.

    "It may take a while for any significant [wheat] sales to China. There
    will probably be one or two test deliveries this season," Eduard
    Zernin, the head of the Russian Union of Grain Exporters, told
    Bloomberg on February 4.

    "Large-scale deliveries may begin in the 2022-23 season, where we can
    expect a volume of at least 1 million tons, with the prospect of
    higher volumes as trade relations develop," he predicted.

    Bilateral trade between Russia and China increased by 26.6 percent
    year-on-year in 2021 to $150 billion, the Global Times reported on
    February 24.

    "Russian seed oil, barley and beef exports to China surged. Barley
    exports grew 12 times to 75,000 tons from 2020 levels," according to
    the newspaper.
    ===

    -- Sean

    ... If I'm right 90% of the time, why quibble about the remaining 3%?
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    * Origin: Outpost BBS * Johnson City, TN (618:618/1)
  • From Arelor@618:250/24 to Sean Dennis on Sat Feb 26 07:34:50 2022
    Re: China lifts wheat import sanctions against Russia
    By: Sean Dennis to All on Sat Feb 26 2022 01:25 am

    [ They say this isn't related to the Ukranian invasion but that sure is suspicious timing. -- SD ]

    From: https://www.breitbart.com/asia/2022/02/25/china-lifts-all-wheat-import-restr
    ions-russia-ukraine-crisis


    Thanks for the article.

    As I said, Putin must be scared to death and hidding behind his endless armored divisions. Not.

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  • From digimaus@618:618/1 to Arelor on Sat Feb 26 13:25:51 2022
    Arelor wrote to Sean Dennis <=-

    As I said, Putin must be scared to death and hidding behind his endless armored divisions. Not.

    Have you heard the idea of Putin might be looking for evidence of wrongdoing
    by Biden during his invasion and use that to try to blackmail him? While far-fetched, at this point, I don't think anything's off the table.

    And yeah, I bet Putin is quaking in his designer wingtips.

    -- Sean


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  • From August Abolins@618:250/1.9 to Arelor on Sun Feb 27 10:01:00 2022
    Hello Arelor!

    ** On Saturday 26.02.22 - 07:34, Arelor wrote to Sean Dennis:

    https://www.breitbart.com/asia/2022/02/25/china-lifts-all-wheat-import-res
    tr ions-russia-ukraine-crisis


    Thanks for the article.

    As I said, Putin must be scared to death and hidding behind his endless armored divisions. Not.

    Where does Spain obatin its grain imports? I understand that
    horses need grain.

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    ../|ug

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  • From Arelor@618:250/24 to August Abolins on Sun Feb 27 11:13:14 2022
    Re: China lifts wheat import sanctions against Russia
    By: August Abolins to Arelor on Sun Feb 27 2022 10:01 am

    Where does Spain obatin its grain imports? I understand that
    horses need grain.


    This region I live in is an agriculture powerhouse. We are also a steak production powerhouse. Still, afaik Spain as a whole is defficitary so we get a lot of imports from South America.

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  • From Jas Hud@618:300/12 to Arelor on Sun Feb 27 21:14:01 2022
    To: Arelor
    Re: China lifts wheat import sanctions against Russia
    By: Arelor to August Abolins on Sun Feb 27 2022 11:13 am

    From Newsgroup: Micronet.MIN_DEBATE

    Re: China lifts wheat import sanctions against Russia
    By: August Abolins to Arelor on Sun Feb 27 2022 10:01 am

    Where does Spain obatin its grain imports? I understand that
    horses need grain.


    This region I live in is an agriculture powerhouse. We are also a steak production powerhouse. Still, afaik Spain as a whole is defficitary so we get a lot of imports from South America.

    good are gonna need all that. got any oil too? the pants shitter here screwed up oil for the usa.
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  • From Arelor@618:250/24 to Jas Hud on Mon Feb 28 03:38:31 2022
    Re: China lifts wheat import sanctions against Russia
    By: Jas Hud to Arelor on Sun Feb 27 2022 09:14 pm

    This region I live in is an agriculture powerhouse. We are also a steak production powerhouse. Still, afaik Spain as a whole is defficitary so we get a lot of imports from South America.

    good are gonna need all that. got any oil too? the pants shitter here screw up oil for the usa.

    Actually,

    ore and mineral reserves in Spain have been gone for centuries. The Romans considered this place a key strategic point because of mineral reserves, then they used them all. Roman mines are still a turistic attraction but there is not much more ore to be found.

    Be have coal, but our coal is so notoriously bad that we are importing foreigner coal rather than using up our own.

    We have some active oil straction, but it is not significant (and the oil is not very good anyway). Some good oil spot was located in the Canary islands, but the government has forbidden to drill it up because of ecological concerns. Same for our litium deposits. I guess we are the only country that won't exploit their strategical resources :-)

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  • From Mark Hofmann@618:100/12 to Jas Hud on Mon Feb 28 18:47:50 2022

    good are gonna need all that. got any oil too? the pants shitter here screwed up oil for the usa.

    He is making me plenty of money in my oil and natural gas stocks. Limiting supply and being anti-oil when the entire world still uses oil for everything is a great investment opportunity.

    - Mark

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