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Egypt Buys Wheat from Kazakhstan; Uganda Offers Agricultural Land

Egypt has announced the purchase of 1 million tons ofwheat from Kazakhstan to meet market demand. Egypt is considered one of the largest buyers of wheat in the world. In the fiscal year 2007-2008 Egypt purchased no less than 6.5 million tons of wheat primarily from Russia, the United States and Kazakhstan. Most of the imported wheat goes for bread which is sold at subsidized prices which benefit millions of poor people [Shortage of bread has been endemic in recent months, and buyers are known to have waited in line for hours to buy it. Rising political and social tensions over the shortage of bread has prompted President Mubarak to mobilize the army in the production of bread.]

According to the official daily al-Ahram, the Government of Uganda has allocated 2 million acres of agricultural land to be used by Egypt for planting wheat and corn. The cost of the deal was not announced. Egypt is also in the process of negotiating another deal with Sudan for using Sudanese land for planting wheat in a joint project between the two countries.

Al-Sharq, Qatar, August 31, 2008

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