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Russia, Ukraine to ink deal for creation of grain pool on Tuesday

October 15, 2013, 16:41 UTC+3
This stated Ukrainian Prime Minister Nikolai Azarov at the 10th meeting of the committee for economic cooperation of the Russian-Ukrainian interstate commission
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KALUGA, October 15 (Itar-Tass) - Russia and Ukraine have formulated common approaches to the creation of a grain pool and will sign a document to this effect on Tuesday.

Opening the 10th meeting of the committee for economic cooperation of the Russian-Ukrainian interstate commission, Russian Prime Minister Dmitry Medvedev noted that the agriculture ministers had succeeded to formulate common approaches to the creation of a grain pool of Russia, Ukraine and Kazakhstan.

“Finally, the ministers succeeded to formulate common approaches,” he noted, adding that it had just been reported about it.

“The creation of new logistical chains, transport chains, new marketing chains will be obviously in favour of our countries, our agrarians,” Medvedev said with confidence.

For his part, Ukrainian Prime Minister Nikolai Azarov noted that a document for the creation of a grain pool will be signed on Tuesday.

“Today the creation of a grain pool was discussed. We will sign this document today. This is major progress in our relations. This is an indicator that if we are interested in this issue we can find a correct solution,” the Ukrainian Prime Minister noted.

Other important trends of Russian-Ukrainian cooperation should become aircraft building, nuclear power industry and other industries, in which “quite good prospects” and “good progress” are evident, Medvedev noted. In this regard, he recalled that Russia and Ukraine already begin to implement the program for the use and exploration of the outer space.

Medvedev also noted the need to speed up one more major project in the transport sphere - the construction of a bridge across the Kerch Strait. “This really should be done, this is needed for everybody,” the Russian Prime Minister said.

About 300 agreements on 26 different projects are in effect between Russian and Ukrainian regions, he said. Medvedev named Kaluga Region, where the Tuesday meeting of the bilateral commission is being held, as one of most successful examples of this cooperation.

The Russian Prime Minister instructed the country’s government on October 10 to raise again the creation of a grain pool with Ukraine and Kazakhstan thanks to a good export potential of the harvest in this year. “I would ask you to raise again this issue, discuss it with your colleagues, because the coordination of our policy in the grain sphere over the grain exports seems to me quite important in terms of our capabilities - the capabilities of Russia, Ukraine and Kazakhstan,” Medvedev told the participants in the government’s meeting then.

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