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

Saudi Arabia to Import Agricultural Products to Boost Strategic Stocks

Saudi Arabia signs contracts to boost strategic stocks for agricultural products. (Asharq Al-Awsat)

Saudi Arabia's Agricultural Development Fund signed a number of financing contracts to import agricultural products worth SAR 367 million riyals ($ 97 million) in a move aimed to promote the Kigdom's food security initiative and strengthen the strategic stock,

The Saudi Food Abundance Committee, emanating from the Food Security Committee, held its twelfth periodic meeting last week, to review the abundance of basic food commodities in the Kingdom, and the latest developments in global food markets and supply chains in light of the repercussions of the Russian-Ukrainian crisis. The meeting was chaired by Eng. Abdul Rahman Al-Fadhli, Minister of Environment, Water and Agriculture.

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