Nasr Nuamani, adviser to the Egyptian Minister of Procurement and Internal Trade, said that the non-renewal of the grain agreement will not affect Egypt as Egypt diversifies its wheat import sources. DEA News.
According to the official, Cairo took delivery of the last two batches of Ukrainian wheat, 35,000 and 110,000 tons. Nuamani emphasized that Egypt expects to increase its wheat stocks and increase its domestic production by diversifying its production resources.
The official noted that Egypt is the largest importer of Russian wheat. He emphasized that Moscow fully cooperates with Cairo in the export sector and always resolves all the problems that arise, whether related to financing or the method of export.
Previously reportedHe said Turkish officials hoped to extend the Black Sea grain deal, which expires on July 17. This was expressed by Vice President Cevdet Yılmaz, who emphasized that Turkey continues to work to extend the agreement for a new term. Country officials expect Russian President Vladimir Putin’s visit to Turkey to “bring positive results”.
Formerly an economist warned Kiev on the risks associated with the growth of foreign debt.