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Ministry of Agrarian Policy and agribusiness sign Memorandum of understanding
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Ministry of Agrarian Policy and Food of Ukraine and the business entities – exporters of grain signed Memorandum of understanding for 2016/2017 marketing year on July 12.

Ivan Kasynyuk, Partner at AGA Partners, as one of the participants of the Ministry’s working group, was also present at the signing of the document the purpose of which is to stabilize the country’s grain market and ensure the forecasted grain export regime.

Ivan Kasynyuk commented on the event: "We remember the bleak past, when the government introduced restrictions on exports. Agribusiness had been constantly experiencing the risk of certain restrictions on grain exports that directly impacted not only exporters but also the grain market as a whole. In the past few years it has become a good practice to sign such memoranda to determine the boundary of exports volumes.

This practice, on the one hand, ensures food security of the country, and on the other hand, it helps businesses predict future supply under its export contracts. "

13.07.16