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Egypt’s GASC mulls change to payment terms

GASC currently offers payment to suppliers within 180 days.
22.01.19 | Source: Business Recorder

Egypt’s state buyer the General Authority for Supply Commodities (GASC) is considering changing payment terms for wheat purchased in its international tenders to an on-sight basis, four traders familiar with the matter said on Monday.

GASC currently offers payment to suppliers within 180 days.

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