Egypt to buy 180,000 tonnes of Indian wheat, says supply minister

Cairo, Egypt Updated: Jun 27, 2022, 06:13 PM(IST)

File photo: A combine deposits harvested wheat in a tractor-trolley at a field on the outskirts of Ahmedabad, India. Photograph:( Reuters )

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Moselhy also said that the country has strategic reserves of wheat sufficient for 5.7 months 

The ongoing Russia-Ukraine war has caused a potential global food crisis as the supplies of grains via the Black Sea have been disrupted. Egypt, which is one of the world's biggest wheat importers, is now looking for alternatives to meet demands. 

Egypt has contracted to buy 180,000 tonnes of wheat from India, the Supply Minister Aly Moselhy said in a news conference on Sunday (June 26). Moselhy added that the shipment will happen once the cargo "reaches the ports" in India. 

"Based on what the supplier said, the condition was that the wheat has to be at the ports, then it would be available," Moselhy told a news conference. 

"We had agreed on 500,000 tonnes, turns out [the supplier] has 180,000 tonnes in the port," he added. 

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In the press conference, Moselhy also said that the country has strategic reserves of wheat sufficient for 5.7 months. He added that the country has procured 3.9 million tonnes of wheat in the local harvest so far. 

As quoted by media outlets, Moselhy also mentioned that the strategic reserves for sugar were sufficient for more than six months. 

And those for vegetable oils, the reserves are sufficient for 6.2 months. Notably, the country is self-sufficient in rice for 3.3 months. 

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Meanwhile, during the summit of the Group of Seven, the G7 nations told Russia on Monday that it must allow grain shipments to leave Ukraine to avoid exacerbating a global food crisis. 

In a joint statement at a summit in Germany, the G& leaders said: "We urgently call on Russia to cease, without condition, its attacks on agricultural and transport infrastructure and enable free passage of agricultural shipping from Ukrainian ports in the Black Sea." 

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