Russia proposes Kazakhstan, Ukraine to coordinate grain policies

Exports of grain from Russia are expected to reach 40 million tons to 50 million tons a year in the next ten to fifteen years and this country?s market share will thus grow to 20%, Srkynnik surmised. She said at the same time that the share of wheat exports from leading CIS countries may come to 30% to 35% in the future. ?Considering this, I propose Kazakhstan and Ukraine to conduct coordinated policies in terms of expansion on the world market,? Skrynnik said. The setting up of a pool of exporters like this one will help scale down the volatility of prices on the international market of grain and their dependence on speculative factors, as well as create a mechanism of inter-state management of grain resources; Kazinform cites ITAR-TASS. See www.itar-tass.com for full version