In SHORT: 'Russian wheat competitive'

23 Oct, 2011

Egypt's main state wheat buyer said on Thursday he was not facing any financing issues despite political turmoil and said Russian wheat was still competitive although some shipments had been delayed.
"I don't have a financing problem, as the state until now guarantees the financing for basic goods to the country so I don't feel I have any problems at all," the vice-president of General Authority for Supply Commodities (GASC), Nomani, said, speaking on the sidelines of a conference in Sharm el-Sheikh.

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