Technology, Financials Jun 26, 2022 08:54 PM (GMT+8) · EqualOcean
Ali al moselhy, Minister of supply and internal trade of Egypt, said at a press conference on June 26 that Egypt had signed a contract with India to purchase 180000 tons of wheat. Once the goods arrived at the Indian port, they would be shipped. Moseri said that Egypt has enough wheat strategic reserve for 5.7 months, sugar strategic reserve for more than 6 months, vegetable oil strategic reserve for 6.2 months and rice reserve for 3.3 months. So far, Egypt has purchased 3.9 million tons of wheat locally. Egypt is the world's largest wheat importer.

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