Grain warehouse receipts in Serbia

The EBRD and FAO have been supporting grain warehouse systems in many transition countries, for example in Kazakhstan and Bulgaria. In Serbia, the establishment of the core legislation was initially supported by USAID and the United Nations Development Programme. Together with the EBRD, FAO implemented a project strengthening the institutions involved in the Serbian system, in particular the grain inspectorate and the indemnity fund through trainings, creation of manuals, study tours etc This video explains how grain warehouse receipts give farmers a better chance to finance their business by using the most tangible guarantee they can offer: the commodity they produce: VIDEO.