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REUTERS - Egypt to start new local wheat procurement system in April 2016 -minister
Monday 27-07-2015 04:23 PM
A field of wheat is seen during harvest in Orezu, southeastern Romania, July 2, 2014. REUTERS/Bogdan Cristel
CAIRO, July 27 (Reuters) - Egypt's supplies minister Khaled Hanafi said his country would change the system it uses for domestic wheat procurement, starting from April 2016.
In a Reuters interview on Monday, Hanafi also said it was "very possible" that Egypt could import less than 4 million tonnes of wheat in 2015-16.
He added that Egypt would import vegetable oil from global markets without using middlemen or direct-order agreements. (Reporting by Ehab Farouk; Writing by Ahmed Aboulenein; Editing by Pravin Char)
