09-04-2014 01:14 AM | Egypt

Egypt sticks to tough standards for wheat imports

Egypt is committed to keeping tough specifications on wheat imports, Supplies Minister Khaled Hanafi said on Tuesday, giving no sign the world's top wheat importer will bow to lobbying by French exporters for easier standards.

Egypt exerts a strong influence over the global wheat market with its imports of 10 million tonnes per year, split more or less equally between the state-run General Authority for Supply Commodities (GASC) and private importers.

Egyptian millers who work for GASC, dissatisfied with the moisture content of French wheat, pressured the state buyer to tighten its limit on moisture in January, putting France at a disadvantage in GASC's keenly contested tenders.
Full Story : Ahram Online