A delegation from Egypt will visit India to facilitate wheat imports to secure supplies and tide over shortages. Egypt is witnessing a surge in bread and flour prices after Russia’s attack on Ukraine closed off access to lower-priced Black Sea wheat. India has come out as a leading supplier of grain to many countries that are struggling with high grain prices due to the crisis in the Black Sea region.
The Egyptian delegation will meet Indian buyers, examine logistical and other issues and consider various grades and quality of Indian wheat. On Tuesday, Minister for Commerce and Industry, Consumer Affairs and Food and Public Distribution, Piyush Goyal, said he met Hala Elsaid, Egypt’s Minister for Planning and Economic Development, in Dubai and discussed the preparedness to supply high-quality wheat to Cairo.
- What is Stock Order : Types, Differences & How Order Works
- India’s Business Activity Hits 3-Month High in Nov Amid Rising Costs
- Trudeau to Cut Sales Tax and Send Checks to Canadians Ahead of Election
- Ashwini Vaishnaw Encourages German Companies to Invest in India
- Flipkart Appoints Dan Bartlett to Board
On March 24, Egyptian Supply Minister Ali Moselhy said Egypt talked with Argentina, India, France and the United States about wheat imports. He told Indian suppliers will have to seek accreditation from the General Authority for Supply Commodities.