The deal comes amid tightening global aid flows, prompting development agencies to experiment with instruments to attract private capital.
“Peace and stability are prerequisites for food security, and the right to food is a basic human right,” Qu said in his address.
The company will roll out reformulated products in phases through December 2027.
Boly’s leadership aims to strengthen key agricultural sectors and foster innovation through technological entrepreneurship.
The situation remains fluid, with both sides seeking a resolution.