Amid supply disruptions due to Ukraine-Russia war, Eygpt approves India as wheat supplier
Many countries including Egypt are looking to India for supplies of wheat and other food grains.
Egypt, which is one of the largest importers of wheat in the world, has approved India as a wheat supplier, Commerce & Industry Minister Piyush Goyal said on Friday.
The move comes amid supply disruptions caused due to the war between Russia and Ukraine.
"Indian farmers are feeding the world.
Egypt approves India as a wheat supplier. Modi Govt. steps in as world looks for reliable alternate sources for steady food supply.
Our farmers have ensured our granaries overflow & we are ready to serve the world," Goyal tweeted.
He also provided a link to the Facebook page of the President of the Egyptian Council of Ministers which carries a statement issued by Egypt's Ministry of Agriculture and Land Reform.
The statement notes recent developments in the direction of importing agricultural produce like wheat from India, including a visit by a technical delegation to inspect the facilities in India.
During the week, the team has toured fields and grain warehouses as well as export warehouses in different Indian states including Punjab, Madhya Pradesh, and Maharashtra.
This is in line with Egypt's decision to diversify the imports of strategic goods.
The north African country is among the world's top wheat importing nations while Russia and Ukraine are among the leading producers of wheat in the world.
With the current crisis due to the Russia–Ukraine war, many countries including Egypt are looking to India for supplies of wheat and other food grains.
While India is not among the leading global exporters of wheat, the volume has shown impressive growth over the past few years.
Wheat has recorded an unprecedented growth of more than 273%, jumping nearly four-fold from $568 million in 2020-21 to touch close to $2119 million in 2021-22, the Ministry of Commerce & Industry had announced earlier this month.