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EBRD is worried about introduction of quotas for grain export in UkraineEBRD is worried about introd

Published on 27 October, 2006, Last updated at 11:06 GMT


European bank for reconstruction and development (EBRD) is worried about introduction of quotas for grain export by Ukraine.

According to Kamen Zahariyev, Head of Representative office of EBRD in Ukraine, Ukraine needs to develop grain sales through exchanges and system of jump in prices for grain control while forming state reserves.

The other day Head of Mission of International Monetary Fund, Albert Jaeger, told that introduction of quotas is "the negative signal for investors".

As informed, Ukraine has introduced quotas from October, 17, 2006, for export of wheat, barley, maize and rye till the end of 2006.

Then Ministry of Agrarian Policy announced about possibility of prolongation of quoting of grain export till the end of 2006/07 MY (July-June) imposed quota in volume of 1.8 mln tonnes from January, 1, to July, 1, 2007,


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