: :inin Kyiv (EET)

Egypt purchases wheat worth over $79.1m

290,000 tons of American wheat purchased through an international tender(AFP Photo)
The General Authority for Supply Commodities (GASC) has signed a contract to purchase 290,000 tons of American wheat with an average cost of $273.11 per tonne. The wheat, which was purchased though an international tender, will be used to produce subsidised bread.
The wheat will be supplied between 15 and 25 April, vice president of GASC Mamdouh Abd El-Fattah said.
In January, all contracted quantities signed between Egypt and Russia were received after the final delivery of the final 120m tonnes.
During 2014, the Egyptian government mainly imported wheat from Russia, Romania, Canada, …read more

Source: Daily News Egypt

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