Ukraine Should Curb Government Role in Grain Market, EBRD Says

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Ukraine’s government should reduce its role in the country’s grain market to encourage private investment and spur growth, according to the European Bank for Reconstruction and Development.

“The government interference goes way too far,” country director Andre Kuusvek said today at Dragon Capital’s 7th Annual Ukraine Investor Conference in Kiev. “What is happening in the grain sector is appalling,” he said, calling the distribution of quotas for cereal exports “anything but transparent.”