Forging stronger political ties, Russia and China also are expanding agricultural trade, promising changes for the global grain market. In October, Food Export Trade, a Russian grain exporting firm, signed a $26 billion contract to supply China with 70 million tonnes of grain, legumes and oilseeds over the next 12 years. This is one of the biggest contracts in the history of the Russia-China trade relationship, said Karen Ovesepyan, head of the New Land-Based Grain Corridor Initiative, an infrastructure project designed to facilitate grain exports to China.