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Egypt considering new wheat exporters

The country had agreed with India, but after a heat wave caused a lot of damage, India issued a ban on exporting.
© Egypt Business Directory

Egypt is currently negotiating with India an exemption of the export ban India imposed a few days ago. The ban came after a heat wave affected the production and caused a severe hike in prices.

Egypt is now considereing importing wheat from Pakistan or Mexico as a replacement plan. However, the talks with India are ongoing.

Egypt had the agreement with India as a replacement to Russia and Ukraine due to the ongoing conflict between them that affected their imports. Egypt is one of the world's largest importers of wheat.