Agro Perspectiva

Ukraine: in the market there should be a powerful state player

02.04.2007 12:20 "Agro Perspectiva" (Kyiv) — The agrarian fund (AF) in the future season will receive more large powers in the grain market. The ministry of an agrarian policy of Ukraine initiates introduction of system of the state forward purchases of grain and achieves for AF the right to spend them. According to minister of an agrarian policy Jury Melnika, minagropolitiki has developed the corresponding(meeting) decision and till April, 15th it will be accepted ministry, write " Economic news ". " It is a question of 1–2 sessions of the government ", — Y.Melnik has told. Thus for AF there is an opportunity of carrying out of mortgaging purchases. " We shall try to optimize (system of purchases AF) depending on that, how many at us is money and what will be wishes of regions. Forward purchases is has received means, and then you receive the goods, and mortgaging — has transferred(transmitted) the goods and has then received means. There should be a reasonable balance between two directions ", — Y.Melnik has told. The forward contract — the agreement between the parties(sides) about the future delivery of the goods. All conditions of such transaction stipulate during the moment of the conclusion of the contract. Thus counterparts are insured against adverse succession of events, however they also cannot take advantage of a possible(probable) favorable conjuncture. Besides concluding the contract, the parties(sides) can face a problem of impossibility to execute this contract, by virtue of bankruptcy or unconscientiousness. For AF to have an opportunity to work on the forward means to become in one number(line) with private(individual) zernotrejderami which frequently redeem grain in a floor(field). Within the limits of planned strengthening(amplification) influence of the Ukrainian state in the grain market, addition of powers AF looks(appears) logical. " In a home market there should be a powerful state player ", — vice-premier concerning agrarian and industrial complex Victor Slauta considers(counts). As general director AF Teofil Bauer earlier marked(celebrated), to structure the imperfect legislation, in particular, regarding the mechanism of formation of procurement prices prevents to work. In time to enter into a market to fund, according to minister of an agrarian policy, in the past to year 45 % from 685 million grn have been allocated. The annual budget of structure, but money AF has received only in September. As ex-minister of an agrarian policy Alexander Baranovsky considers(counts), AF should be in the ranks of the most active players in the grain market. " I created this structure, strengthening(amplification) of its(her) influence I regard as a positive ", — A.Baranovsky has noted. AF is structural division minagropolitiki Ukraine and is engaged in carrying out of interventions and mortgaging purchases of articles of food. In 2006 AF has bought(purchased) in the state food reserve 175,5 thousand t grains that makes 43,8 % of the planned volume.