$13m olive oil deal signed during Li Keqiang’s visit to Greece

Among the deals signed during Chinese premier Li Keqiang’s visit to Greece is a $13m “long term cooperation agreement” between Alagni, Crete-based olive oil producer Emelko (ΕΜΕΛΚΟ ΕΠΕ) and importer Shanghai Chaoshang Food Ltd (上海巢尚食品有限公司). Emelko have already been selling oil to China for several years.

Last year I wrote in some length about Chinese interest in olive oil in Greece, Spain and Australia (‘China hits the grove‘).

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