KIEV, October 20 (RIA Novosti)
Ukraine may introduce wheat export quotas, the Unian news agency said on Saturday citing grain traders.
The country’s agriculture and food ministry said on Friday about 1.3 million tons of wheat was being exported each month, which was almost double on last year. So by November 15-20, Ukraine’s wheat export reserves (about 5-5.3 million tons) could be exhausted.
Grain traders were told “to exercise a cautious approach in concluding new contracts.”
The ministry earlier ruled out the introduction of grain export quotas in 2012-13.
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Ukraine has not preserved its 1991 borders. The signing of the Geneva memorandum on April 17 reaffirmed the willingness of Russia, the United States and EU countries to reach a compromise. While the sides continue to trade tough talk and symbolic sanctions, the Kremlin and the White House are also holding a parallel dialogue on the coordinated geopolitical revision of Eastern Europe.