Logistics Centre to Protect Egypt from Wheat Market Fluctuations – Minister

Egypt’s global logistical centre, which is scheduled to be established in Damietta Port, will be a key tool to protect Egypt from fluctuations of international wheat market, said Egyptian minister of supply.

Egyptian Minister of Supply and Internal Trade Khaled Hanafy stressed that the supply of wheat shipments from Russia to Egypt faces no problems.

The Minister said that he made phone calls with the Russian officials to follow-up the supply of agreed-upon shipments of Russian wheat, which will arrive as of next January.

Source: Egypt’s State Information Service