A symbolic 60,000 tonne cargo of Russian wheat has set sail for Saudi Arabia from a Black Sea port seven months after conditions were set to allow the trade, three sources told Reuters on Thursday.
Russia’s agriculture safety watchdog, Rosselkhoznadzor, confirmed the cargo had departed in a statement.
The world’s largest wheat exporter had long sought access to the Saudi market along with ongoing efforts to gain access to Algeria and Iraq.
If Riyadh deems the initial cargo acceptable, large volumes could well follow the initial shipment.
Saudi state grain buyer SAGO did not reply to a Reuters request for comment.
The cargo was sent …read more
Source:: Middle East Monitor