Ukraine and Russia decide to recreate grain pool

Category: Industry
Published on Monday, 15 July 2013 12:01
Hits: 999

Ukraine and Russia agreed to return to idea of grain pool, said a spokesman of the Prime Minister Nikolay Azarov Mr. Vitaliy Lukyanenko in Sochi, Kommersant-Ukraine informs.


"At this meeting (the Prime Ministers of two countries Nikolay Azarov and Dmitry Medvedev) discussed how to return to idea of creating grain pool”, - he said.


In addition, during the meeting the sides discussed cooperation projects in the space industry and aircraft industry.


In 2009, the Ukrainian Grain Association stated that establishment of a joint union with Russia and Kazakhstan is not profitable for Ukraine.


In 2007, the Russian Grain Union initiated the creation of the Black Sea grain pool with Russia, Ukraine and Kazakhstan, with the possibility of the accession of other countries, such as Hungary, Bulgaria, Romania, Turkey.