Egypt’s deal for Indian wheat stands, but not shipped yet, says minister

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Mon, 2022-08-22 18:41

CAIRO: Egypt’s supply minister said on Monday that an agreement to buy wheat from India still stood despite recent curbs on Indian exports, although it is unclear when the grain will be shipped.

Egypt, one of the world’s biggest wheat importers, has sought to diversify its suppliers since facing higher global prices and disruptions to purchases from the Black Sea after Russia’s invasion of Ukraine in February.

Supply Minister Aly Moselhy said in June that Egypt had contracted to buy 180,000 tons of wheat from India, after initially agreeing to purchase 500,000 tons.

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