Thursday, 30 September 2010

Ukraine will decide on grain export restrictions next week

Despite the many regular assurances from the Prime Minister, the President, EBRD, WTO and the Customs Services that Ukraine will not impose grain export restrictions, Ukraine will decide next week whether to impose grain export restrictions.

Prime Minister Mykola Azarov said “the government is compiling estimates of stockpiles in the country, and depending on the volumes of grain, the government will decide next week whether to regulate the exports or allow them to be free."

"We will have a confident estimation of the grain by the end of the week.”

For “confident estimation” read “vague stab in the dark” which might be what I get if I don’t shut up.