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Regional Grain Trade Summit to Be Held in Nairobi

RATES, along with COMESA and its other key implementing partners, will collaborate to organize a regional grain trade summit to be held in Nairobi, Kenya on 11-13 October, 2005. Key grain trade players will be invited to participate in the summit with the objective of opening up discussions leading to concrete action steps for moving the grain trade forward in the region. It is hoped that having an action plan will lead to further harmonization of the regional grain trade and eventually contribute to a focus being placed on the commercialization of the trade. In addition to the key private sector players, other non-traditional players will be invited to participate in this summit. These players include Strategic Grain Reserves and Marketing Boards, Food AID agencies, emerging commodity exchanges and warehouse receipt programs and finance and other allied industries that are required to fully commercialize the grain trade. Summit delegates will be asked to look at and analyze a number of case studies of programs that have been successful in promoting commercial grain trade and in supporting local production and warehousing of grain in certified warehouses, the first step in establishing a "futures" market for grain. Please contact Susan Kimani (skimani@ratescenter.org) of RATES for more information on this summit.

 

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