Egyptian wheat imports jeopardized by war in Ukraine
Egypt, Turkey, Lebanon and other countries in the Middle East rely heavily on Russia and Ukraine for wheat.
The Egyptian government is considering alternative wheat sources due to Russia's war against Ukraine.
Egypt’s General Authority for Supply Commodities said yesterday that they made bids to buy wheat from a variety of global suppliers to be delivered in April. These include wheat from the United States, Canada, Paraguay, Australia and various European countries, according to the authority’s website.
Egypt is the largest wheat importer in the world and imports more than 80% of its wheat from Russia, Prime Minister Mostafa Madbouly said today, following a cabinet meeting to discuss the wheat situation. Egypt has wheat reserves that can last four months, the state-owned Al-Ahram reported today.
Russia attacked various parts of Ukraine by air and land today, following months of a military buildup and failed efforts by Western diplomats to calm the situation.
