Ukraine National Commission on Securities and Stock Market Chair Ruslan Magomedov reported that he and the Minister of Agrarian Policy and Food, Vitaliy Koval, held a working meeting on launching an organised agricultural market, focusing on transparent trading rules, investment attraction and new financing mechanisms for farmers. The Commission plans to draw on its experience of launching exchange trading in timber to develop exchange-based trading for agricultural commodities, prioritising a transparent price benchmark and a contract guarantee system. Magomedov cited analytics suggesting that, in the first year after launch, the organised commodity market could add UAH 350 billion to the formal economy and bring UAH 27 billion (USD 650 million) of investment into the agricultural sector; he also pointed to recent discussions on developing and promoting agricultural notes, a tool for producers to raise financing secured by future agricultural products.