Further to the application received from the Republic of Serbia to accede to the Grains Trade, Convention, 1995 (GTC), the International Grains Council (IGC) confirmed that members have agreed to Serbia’s accession with effect from Wednesday 1 April 2020. “The Council warmly welcomes the Republic of Serbia’s membership. Its participation will help strengthen international cooperation in grains trade,” IGC said in a statement.
During the 2019/20 marketing year, the Republic of Serbia produced around 7.5m t. of maize and 2.5m t. of wheat. With average annual maize exports of 2.5m t, the Republic of Serbia is also the world’s eighth-largest maize exporter. It has been designated as an exporting member of the Council.
IGC is an intergovernmental organization that seeks to further international cooperation in grains trade; promote expansion, openness and fairness in the grains sector; and contribute to grain market stability and to enhance world food security. The IGC membership currently comprises the following members: Algeria, Argentina, Australia, Canada, Côte d’Ivoire, Cuba, Egypt, European Union, India, Iran, Iraq, Japan, Kazakhstan, Kenya, Korea (Rep), Morocco, Norway, Oman, Pakistan, Russian Federation, Saudi Arabia, Serbia (Rep), South Africa, Switzerland, Tunisia, Turkey, Ukraine, United States, Vatican City.