On July 12, the Ministry of Agrarian Policy and Food of Ukraine signed the Memorandum of understanding with market participants – exporters of grains for 2016/2017 MY, declared the press-service of the Ministry.
In particular, the parties agreed to coordinate the volumes of grain exports from the country in the new season “to ensure food security and non-application of any export limitations”. The parties will agree upon all critical export volumes until September 15.
It should be noted that the Memorandum comes into effect on the date of signing, and remains in force until the end of 2016/2017 MY (until July 1, 2017). (APK-Inform/Business World Magazine)