Monday 15 July 2013

Ukraine, Russia discuss idea of creating grain again - ForUm

"Ukrainian Prime Minister Mykola Azarov and his Russian counterpart Dmitry Medvedev discussed the idea of creating a grain pool of Ukraine, Russia and Kazakhstan, the press service of the Cabinet of Ministers of Ukraine reported.

"We have revisited the idea of creating a grain pool today," Azarov said on Friday.

The prospect of creating a grain pool was discussed for the first time at the first World Grain Forum in St. Petersburg in June 2009. If formed, it would allow the three countries considered to be the world’s major grain exporters, to pursue an agreed-upon trade policy on the global market. But this idea has never been implemented, although the three countries continue the discussion, Interfax informed."

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