Russian wheat export restrictions will not be applied to Egypt(AFP photo)
By Menna Samir
Egypt is not among the countries that Russia will restrict the exports of wheat to, said Minister of Supply and Internal Trade Khaled Hanafy in a ministry statement Sunday.
Russia recently took a decision to restrict the exportation of wheat to some countries.
Expectations of an increase of wheat prices exported from Russia to Egypt were denied by the Ministry of Supply and Internal Trade’s official spokesman.
Hanafy added that Egypt’s strategic reserves of wheat exceed safety limits. He highlighted that the General Authority for Supply Commodities (GASC) recently contracted to …read more
Source: Daily News Egypt
