Russia and Ukraine plan to cooperate in global grain market

The Ministry of Agriculture of Russia and the Ministry of Agrarian Policy

of Ukraine are discussing the creation of the Black Sea Grain Council -

the focal point for exchanging information, the purpose of which

is to strengthen the two countries' positions on the world grain

market, "Novosti-Kazakhstan" reports referring to the Russian

agricultural department.

 

Last week in Kiev at the international agricultural exhibition

"Agro-2012" the Deputy Minister of Agriculture of Russia, Ilya

Shestakov, met with the Deputy Minister of Agrarian Policy and Food of

Ukraine, Alexander Senem. "The main agenda of the negotiations was the

 

establishment of the" Black Sea Grain Board "- a coordinating body

whose main task will be the exchange of information in order to ensure

a competitive advantage for Russia and Ukraine on the world grain

market," a statement said.

 

Establishment of the council will also increase the total cereal

production in the member countries, develop export opportunities,

including more efficient use of export infrastructure and reduction of

export costs.

 

"In the long term, the Board will work to develop uniform rules of

trade, common approaches for the export of grain, to conduct a

coordinated investment policy and to develop the infrastructure of the

grain market in third countries,"  the report says.

 

To implement this initiative, the parties agreed to include in the

agenda of the next meeting of the Russian-Ukrainian subcommittee on

agriculture the renewal of the interdepartmental working group on the

coordinated development of the grain market in Russia and Ukraine.

 

It is planned that this meeting will be held October 12 in Moscow

under the chairmanship of the Minister of Agriculture of Russia

Nikolai Fyodorov and Minister of Agrarian Policy and Food of Ukraine

Mykola Prysiazhniuk.

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