The Role Of The Guarantee Fund In The Financing Under GWHD

Guarantee Funds. World Experience. Guarantee Fund's Subsystem Of Compensation. The Role Of The Guarantee Fund In The Financing Under GWHD

V. Andrievsky,
UAS Academician,
Director of Agrarian
Markets Development Institute

J. Haarer,
Michigan Department
of Agriculture and Rural
Development, USA

S. Kliutsa,
Legal Consultant, BASF

O. Starynetz,
Head of Secretariat Committee
on Agrarian Policy and
Land Relations of the
Verkhovna Rada of Ukraine

S. Tereshchuk,
Ph.D., People's deputy
of Ukraine of VI convocation,
Deputy Chairman of the Committee on
Agrarian Policy and Land Relations
of the Parliament of Ukraine

The article is a summary of benefits and global perspectives of guarantee funds for grain producers across the world. The intended audiences are producers, dealers, banks and industry stakeholders of the Ukraine. As on January 18, 2013, after nearly a decade of concepts, the President of Ukraine signed the Law of Ukraine which added amendments for the Guarantee Fund on performance of liabilities under Grain Warehouse Receipts. With an April, 18th 2013 effective date, the Ukraine Guarantee Fund will fill a void in mitigating risks and make the funding of the secured supplies of grain a much more viable business.

Jeff Haarer's, AGRO member from the state of Michigan, involvement was related to the collection of data and perspectives for the United States and various international guarantee funds. Jeff is appreciative of all the assistance that was provided by the AGRO members.  It is Jeff’s understanding that an updated article is also in a publisher shop as a part of a 700 page monograph, but because of the Ukraine revolution it is taking a bit more time to get it done.

English translation begins on page 31.

The Role of Guarantee Fund in FInancing Under GWHD The Role of Guarantee Fund in Financing Under GWHD (13638 KB)

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