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Grain Exporters Unite

Aston and other grain, agricultural and logistics companies involved in exports formed an association to represent the industry in talks with the government, Vadim Vikulov, Aston's chief executive, said Thursday.

The National Association of Agricultural Products Exporters held a statutory meeting in Moscow on Wednesday and will complete its formal registration in about a month. Vikulov was elected as chairman of the group.

The group's members controlled more than 60 percent of grain exports in the past three years, Vikulov said. Vitaly Bobnev, commercial director of grain trader Valars Group's Valary unit, confirmed the subsidiary's membership. State-owned trader United Grain will join the association after its board gives approval, spokesman Viktor Krupenin said.

(Bloomberg)

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