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Egypt Asks Russia to Reschedule Wheat Export Deals

Egypt, the world’s biggest wheat importer, asked Russia to honor and reschedule deals to ship 540,000 metric tons of wheat after the latter announced plans to suspend grain exports due to a drought.

Egypt sent the Russian Minister of Trade a letter stating that the two countries had signed the contracts before the announcement of the ban, which starts on Aug. 15, Trade Minister Rachid Mohamed Rachid said in an e-mailed statement today.