Egypt to buy 500,000 tonnes of wheat from India


Egypt’s government has agreed to buy half a million tonnes of wheat from India, Egyptian Supply Minister Aly Moselhy told Reuters on Sunday.

Egypt, one of the world’s biggest wheat importers, is looking for alternatives to Black Sea grain exports which face disruptions caused by Russia’s invasion of Ukraine, both major wheat exporters to Egypt.

“We have agreed to buy half a million tonnes from India,” Moselhy said, speaking on the sidelines of a press conference. New Delhi announced a ban on wheat exports on Saturday amid a scorching heat wave that has curtailed domestic production and driven up domestic prices. —Agencies

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