Egypt
is seeking to secure long-term wheat supplies from Russia, expand agricultural
trade, and explore establishing a regional grain logistics hub at its ports,
following talks held on the sidelines of an international grains conference.
Bahaa El-Ghannam,
executive director of Egypt’s Future of Egypt Authority for Sustainable
Development, met Russian Agriculture Minister Oksana Lut during the Grains and
Pulses Forum, where discussions focused on cooperation in strategic
commodities, particularly wheat.
According to
Egyptian officials, the talks addressed mechanisms to ensure regular imports of
Russian wheat to Egypt and examined the possibility of allowing Russian
companies to register on Egypt’s unified procurement platform for strategic
commodities, a step aimed at streamlining procurement procedures.
The two sides also
discussed expanding Egyptian agricultural exports to the Russian market as part
of broader efforts to deepen bilateral trade in food commodities.
Discussions further
covered the registration of Russian suppliers on Egypt’s commodity exchange and
reviewed proposals to establish a grain logistics hub at Egyptian ports. The
proposed hub would position Egypt as a regional center for grain storage,
handling, and redistribution, leveraging its geographic location.
The meeting also
addressed the supply of fertilizers and agricultural pesticides, within the
framework of wider cooperation on food security and agricultural inputs.
Separately, El-Ghannam
met Dmitry Sergeyev, chairman of the Russian Union of Grain Exporters and
Producers (UGC), with talks focusing on securing stable wheat and grain
supplies for the Egyptian market and strengthening cooperation in agricultural
trade, fertilizers, and agrochemicals.
Source: Al-Ahram Online