OREANDA-NEWS  Egypt is going to buy 1 million tons of Russian wheat, the relevant negotiations are conducted by the authorities of the countries within the framework of an intergovernmental agreement. Bloomberg writes about this with reference to sources.

Negotiations are underway on deliveries in the current season. At the same time, the interlocutors said that the degree of proximity of the countries to the conclusion of agreements is unclear.

On September 23, the first assistant to the Minister of Supply of Egypt, Ibrahim Ashmawi, said that the government of the country had denied information about Cairo's refusal of Russian wheat. He stressed that trade relations between Egypt and the Russian Federation are going smoothly.

On September 21, Bloomberg reported that Egypt will buy almost half a million tons of wheat from France and Bulgaria after Russia blocked supplies.

On September 4, the General Directorate of Supply of Egypt decided to purchase 480 thousand tons of Russian wheat. The deal was concluded at a price of $270 per ton, including freight, which is lower than the unofficial minimum price that Russia tried to set.

Earlier it became known that grain exports from Russia increased by a quarter.