Grain and Oilseeds

13/ 07/ 2016

During the last years the Ukrainian agrarian sector, in particular, grain and oilseeds production, plays a key role in pumping up the state budget, creating working places as well as ensuring food and financial stability of the state.

This has been achieved by maintaining the balance between internal demand for grain and export capacities together with the Memorandum of Understanding between the Ministry of Agrarian Policy and Food of Ukraine (hereinafter – the Ministry) and Economic Entities – Grain Exporters (hereinafter – MOU) that is annually signed during the last six years.

This year the MOU was signed on 12 July that, in fact, inaugurated the beginning of the new marketing year.

According to the provisions of 2016/2017 MOU, the Parties agreed to continue partnership on the grain market and to respect mutual interests. We want to outline that MOU is an efficient tool to establish a comprehensive dialogue between the state and the business community.

This document shall ensure transparency and flexibility of grain export issues that are considered to be important factors for successful export activities. The EBA would like to extend its gratitude to the Ministry for efficient cooperation with the leading grain market players of Ukraine!

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