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XI International Grain Trading Conference to be held in Baku

17 October 2019 14:56 (UTC +04:00)

The Russian Grain Union supported by the Azerbaijan Export & Investment Promotion Foundation Azpromo, the Russian Export Center (REC), the Iranian Federation of Food Associations and the Organization IranGrain will hold the XI International Grain Trading Conference «Global Grain Outlook», October 22 – 25, 2019 in Baku, Azerbaijan, «Holiday Inn 4*» Hotel, APA reports citing Grun.ru website.

The choice of Azerbaijan as a place for this event is connected with its unique geography that allows us to consider this country as a pivotal link of the grain markets of the Black Sea and the Caspian regions, Asia and the Middle East, as well as its positioning as “the grain doors” between the Islamic world and the countries of the Black Sea region.

In the framework of the Conference there will be a great discussion about the mid-and-long-term tendencies in the development of grain production, investment support, mechanisms of financing grain production and trade. Participants will ponder over the approaches to the definition of the “fair” price for grain based on the balance of interest expressed by both producers and consumers, the measures for ensuring accessibility of the processing products for all the population groups of different countries. Among the most crucial and compelling questions are a new quality of grain logistics, the creation of new transport corridors, for example, the corridor North-South with the access to the Persian Gulf as well as using the “Silk Route” for grain supply.

During the whole period of the International Grain Trading Conference ‘Global Grain Outlook” more than 3 000 representatives from more than 30 countries took part in this event. Every year to hold business meetings and negotiations come participants from such countries as Russia, Ukraine, Kazakhstan, the U.S., the Great Britain, Switzerland, Germany, France, Turkey, Egypt, Syria, Saudi Arabia, the UAE, Jordan, Lebanon, Tunisia, Algeria, etc.