iPhone | iPad
Android
Huawei
The Dubai Ruler and Deputy Prime Minister sent similar cables of condolences to the Prime Minister of Italy, Giorgia Meloni
KT APPDOWNLOAD
Egypt’s deal for Indian wheat stands, but not shipped yet: Minister
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 attack on Ukraine
India, the world’s second biggest producer of wheat, banned private overseas sales of the grain on May 14 after a scorching heat wave curtailed output and domestic prices hit a record high. — File photo
Egypt’s supply minister said on Monday an agreement to buy wheat from India still stood despite recent curbs on Indian exports, although the grain had not yet been shipped.
India, the world’s second biggest producer of wheat, banned private overseas sales of the grain on May 14 after a scorching heat wave curtailed output and domestic prices hit a record high.
“We have an agreement on quantity and price - 180,000 tonnes of wheat, and price was $400 per tonne,” supply minister Aly Moselhy told reporters on the sidelines of a news conference, adding that the wheat hadn’t left India.
Moselhy said in May that the export curbs would not apply to its deal with India.
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.
“You know the strong heat wave that happened in India and that affected next year’s harvest, so it’s natural that they would want to keep their own supply. It’s their right,” said Moselhy.
“But to be honest our cargo is at the port.”
Egypt said it had contracted to buy 180,000 wheat from India in June. — Reuters
More news from
Abu Dhabi star underlines F2 dominance as battle for silver and bronze goes down to the wire
It is not immediately known how long the sailors were stranded in Yemen
Tight for second as Faysal Ayoubi and Charles Faulkner prevail on a countback
The Men in Green will kick off their campaign against The Netherlands on October 6 at the Rajiv Gandhi International Stadium in Hyderabad, India
Over 40 of Akasa's 450 pilots quit without serving their notice in recent weeks, causing 632 flight cancellations in August
He says migrants who risk drowning at sea 'must be rescued' because doing so was 'a duty of humanity'
In 16 ODIs this year, Babar scored 745 runs at an average of 49.66 and a strike rate of over 85