Egypt looks to India as alternative wheat source to Ukraine
Final talks are being held to send Indian wheat to Egypt, after Russia's invasion of Ukraine disrupted the global supply.
CAIRO — India is currently in final talks to start exporting wheat to Egypt, the world’s largest wheat importer, after Russia's war on Ukraine disrupted global supplies.
In a statement published March 21, India's Ministry of Commerce and Industry said that the Indian Agricultural and Processed Food Products Export Development Authority met with stakeholders in mid-March on how to increase shipments to several countries, including Egypt and Turkey. No details were provided on who took part in the meeting.
In a press conference on March 24, Egypt’s Minister of Supply and Internal Trade Ali al-Moselhi said that his country is in talks with several countries to import wheat, mainly India, Argentina, the United States and France. He indicated, however, that the country is in no rush to buy at the moment.
“There's no need for tenders right now, but we are planning for the entire year so we are open to all possibilities and preparing backup plans,” he added.
