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Egypt’s Deal To Buy Wheat At $400 Per Tonne Stands, Says Minister

Egypt's Deal To Buy Wheat At $400 Per Tonne Stands, Says Minister

Egypt contracted to buy the 180,000 tonnes of wheat from India in June.

CAIRO:

Egypt’s supply minister said on Monday an agreement to buy 180,000 tonnes of Indian wheat at $400 per tonne still stood, although the wheat had not been shipped yet.

Egypt, one of the world’s biggest wheat importers, has in recent years purchased much of its grain from the Black Sea, but has sought to diversify import origins following disruptions by Russia’s invasion of Ukraine.

Egypt contracted to buy the 180,000 tonnes of wheat from India in June.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)


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