Ukraine: Ministry of Agrarian Policy worked out the text of the Memorandum with grain traders

Ukraine: Ministry of Agrarian Policy worked out the text of the Memorandum with grain traders

Ukraine: Ministry of Agrarian Policy worked out the text of the Memorandum with grain traders

The FINANCIAL -- The Ministry of Agrarian Policy and Food of Ukraine completed developing the text of the Memorandum of understanding with grain traders for 2015/16 MY, declared Elena Kovaleva, Director of Strategy and economic development department at the Ministry of Agrarian Policy, on July 8.

According to her, to date the respective participants of the grain market continue coordinating the reporting document. It is the traditional tool, which assists to forecast the agrarian market and export volumes for three recent years. Signing would take place as soon as possible, she added.

Also, the department continues working out several draft laws, including development of family farms and local agricultural markets, according to APK Inform.

The reporting documents will create additional benefits especially for households of the population, which to day produce almost one half of the general output of agricultural products. The draft laws will give the possibility of entering the organized markets, including at the local level, and selling of agricultural products with a minimum number of middlemen, said the Director of the department.