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Sherif Ismail

Egypt's gov't says needed quantities of high-quality rice to be imported

Tue, June 05, 2018 17:38

CAIRO, June 5, 2018 (MENA) - The Egyptian government has decided to import needed quantities of rice to meet market demands and match the same high quality of the locally produced rice.

The move aims to control the market and increase the supply.

The decision was taken at a meeting that Prime Minister Sherif Ismail held on Tuesday, in the presence of the ministers of supply and agriculture along with representatives of several competent bodies.

During the meeting, the prime minister asserted that all needed measures will be taken to boost the supply of rice products in the market and prevent bottlenecks in the coming phase.

The prime minister has assigned the Finance Ministry to make needed studies for the establishment of a special crisis management unit to address price fluctuations at the global markets, especially when it comes to importing basic strategic commodities including petroleum, crude oil and wheat products.

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