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Egypt's GASC says traders have to honour Russian wheat contracts
Tractors are used to sow winter wheat in a field near the village of Moskovskoye, north of Stavropol in southern Russia, October 16, 2014. REUTERS/Eduard Korniyenko
ABU DHABI, Dec 24 (Reuters) - Egypt's state grain buyer the General Authority for Supply Commodities (GASC) said on Wednesday trading companies were obliged to abide by their contracts to ship Russian wheat to Egypt during January.
"Traders have to abide by their contracts," Mamdouh Abdel Fattah, GASC's vice chairman told Reuters.
Abdel Fattah made his remarks after the head of Russia's Grain Union, Arkady Zlochevsky, told reporters his country may fail to supply wheat to Egypt's GASC in January as its exports have been effectively suspended by informal government curbs.
(Reporting By Maha El Dahan, editing by Louise Heavens)
