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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Egypt Says Deal for Indian Wheat Stands, but Not Shipped Yet

India Egypt
A combine deposits harvested wheat in a tractor trolley at a field on the outskirts of Ahmedabad, India, March 16, 2022. REUTERS/Amit Dave

Egypt's supply minister said on Monday an agreement to buy wheat from India still stood despite recent curbs on Indian exports, although the grain had not yet been shipped.

India, the world's second biggest producer of wheat, banned private overseas sales of the grain on May 14 after a scorching heat wave curtailed output and domestic prices hit a record high.

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