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Virginia Politics
Posted at 02:19 PM ET, 12/14/2011

McDonnell’s Asia trade mission leads to multi-million dollar soybean deal

People always ask: What do governors get out of going on all those trade missions?

Well, Wednesday, Gov. Bob McDonnell announced that his recent trip to Asia resulted in $25 million worth of soybeans from a Chesapeake business going to China.


(Governor’s office)
The deal between Perdue Agribusiness and the Dandong Port Group Co. was struck after the governor’s trip to China, Japan and Korea in May. McDonnell (R) said he expects to return to China next year.

The vessel carrying the soybeans, Corviglia, left Chesapeake in late October and arrived at the Port of Dandong Monday night.

State officials say the deal has the potential to make China Virginia’s top agricultural export recipient. Last year, Virginia agricultural exports to China reached $194 million. 

“The addition of this new market in China will support Perdue Agribusiness' operations in Virginia, our agricultural producers, and other farm-related jobs in Virginia,’’ McDonnell said. “Further, it has established a new trade relationship in China with great potential for growth.”

By  |  02:19 PM ET, 12/14/2011

 
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