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The impact of Russia’s decision to discontinue its participation in the agreement to ensure the export of urbanisation from Ukrainian ports will be seen in the new contracts that the Ministry of Supply will offer during the upcoming period, according to Ali Al-Moselhi, Minister of Supply and Internal Trade.
The Minister of Supply stated that although the current state of the world may have an impact on Egypt’s wheat supplies, the country is able to adapt. He added that a million tonnes of wheat are expected to be imported in the near future to help maintain balances, noting that the strategic reserve is currently sufficient for six months.
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Following an attack on its fleet in the Black Sea, Moscow declared on Saturday that it had chosen to halt its participation in the grain export agreement. Ukraine has not confirmed its responsibility for the attack and did not deny that..
Urgent. The first statement on Russia’s suspension of the grain export agreement with Ukraine from the minister of supplies.
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