Egypt approves India as wheat supplier: Piyush Goyal

18-Apr-2022
Egypt approves India as wheat supplier: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Friday said Egypt, which is one of the largest importers of wheat from Ukraine and Russia, has approved India as a wheat supplier.

There is a sharp decline in availability of wheat in the global markets due to the ongoing conflict between Russia and Ukraine. Both the nations are major producers and exporters of wheat.

Egypt imported wheat worth about USD 1.8 billion from Russia and USD 610.8 million from Ukraine in 2020.

The African nation is looking to import 1 million tone of wheat from India and would need 2,40,000 tonne in April.

Source : economictimes.indiatimes.com

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