Sino‐Russian Cooperation on Soybean Development in the Russian Far East

Fujin Yi, Richard T. Gudaj, Valeria Arefieva, Renata Yanbykh, Svetlana Mishchuk, Tatiana A. Potenko, Jiayi Zhou and Ivan Zuenko

American Journal of Economics and Sociology, 2020, vol. 79, issue 5, 1553-1586

Abstract: Commercial conflict has limited American soy exports to the biggest market, China, providing Russian farmers an opportunity to enter the Chinese market. The Russian Ministry of Agriculture and the Russian Soybean Union have established a program to promote soybean production and processing. Chinese farmers in the Russian Far East (RFE) and high profits from soybean production make new opportunities and challenges for local farmers. We analyze how the soybean development plan has fared so far and the role of Chinese farmers in Russia. The current Sino‐Russian agricultural agreement has little chance of increasing soybean production because of tariffs, unstable regulatory policies, and restrictions on seeds and labor. The scope of the soybean industry can be developed if Russian authorities will take a more liberal approach in Chinese‐Russian cooperation.

Date: 2020
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