Home
Iraq says it will import wheat and rice through direct contracts
economy Since 2017-04-16 at 23:20 (Baghdad time)
Baghdad Mawazine News
Iraq's Trade Ministry said on Sunday it was negotiating direct contracts to import rice and wheat after several failures in the management of the two strategic commodities through international bidding.
Iraq is struggling to import grain for the food price support program after it has introduced a new payment system and quality standards that have led traders to desist from international bidding.
The central contracting committee is in the process of signing a deal to buy jasmine rice from the Iraqi-Vietnamese company, the ministry said in a statement, but gave no details on the quantities agreed upon.
The ministry said it was negotiating the import of wheat from several sources of the subsidized food program.
Iraq, a major global buyer of wheat and rice, told suppliers earlier this year that it would pay for its grain purchases in installments.
Traders said the Iraqi Grain Board had told them that falling oil prices and other financial factors had prompted the country to delay payments.
Iraq began implementing a subsidized food system, including flour, cooking oil, rice, sugar and infant formula, in 1991 to counter the United Nations economic sanctions.
Meanwhile, the Ministry of Commerce said on Sunday it had bought quantities of vegetable oil that had reached southern ports and would soon be distributed.
is over
[You must be registered and logged in to see this link.]
economy Since 2017-04-16 at 23:20 (Baghdad time)
Baghdad Mawazine News
Iraq's Trade Ministry said on Sunday it was negotiating direct contracts to import rice and wheat after several failures in the management of the two strategic commodities through international bidding.
Iraq is struggling to import grain for the food price support program after it has introduced a new payment system and quality standards that have led traders to desist from international bidding.
The central contracting committee is in the process of signing a deal to buy jasmine rice from the Iraqi-Vietnamese company, the ministry said in a statement, but gave no details on the quantities agreed upon.
The ministry said it was negotiating the import of wheat from several sources of the subsidized food program.
Iraq, a major global buyer of wheat and rice, told suppliers earlier this year that it would pay for its grain purchases in installments.
Traders said the Iraqi Grain Board had told them that falling oil prices and other financial factors had prompted the country to delay payments.
Iraq began implementing a subsidized food system, including flour, cooking oil, rice, sugar and infant formula, in 1991 to counter the United Nations economic sanctions.
Meanwhile, the Ministry of Commerce said on Sunday it had bought quantities of vegetable oil that had reached southern ports and would soon be distributed.
is over
[You must be registered and logged in to see this link.]
» Al-Sudani opens 790 model schools
» Parliamentary Culture: The Right to Information Law will satisfy all parties
» Al-Mashhadani to {Sabah}: Tomorrow we will discuss the Zionist threats
» Industry to {Sabah}: Contracts to supply state ministries with food products
» Trade cooperation between Najaf and Isfahan
» {New building} and {electronic systems} to develop forensic medicine
» A specialized center for monitoring the environmental situation in the capital
» International and parliamentary praise for the success of the "population census" process
» The European Union organizes a workshop in Basra on central administration and the wealth distributi
» The Media Authority and the Ministry of Education discuss the importance of enhancing and introducin
» Iraq's oil exports to America rose last week
» Electricity announces loss of 5,500 megawatts due to complete halt of Iranian gas supplies
» Tomorrow.. The Arab League is looking to unify its position against Israeli intentions to strike Ira
» The Central Bank moves its secret vaults to its new building.. Clarification of the truth of the cla
» Network reveals the fate of the Chinese deal.. It was disrupted by "Iraqi officials"
» From the White House to the "Leaders of Iraq"... A Message Regarding the Targeting of Baghdad
» Parliament session agenda next Tuesday
» "Unforeseen Danger"... Turkish Barracks in Kurdistan Region Between "Hammer and Anvil" - Urgent
» As tensions escalate, parliament holds 'emergency session' to discuss Israeli threats
» For Population and Housing.. Planning announces the success of the general census in Iraq
» Trade announces a special application for the ration card that determines the mechanism for families
» Political Conflicts Obstruct Oil and Gas Law: The Future of Iraq’s Wealth at Risk
» The political representation map awaits the results of the population census.. Will the parliament s
» Drug Localization.. A government advisor announces the registration of important drugs for the first
» Japan announces completion of more than 30 projects in Iraq through soft loans
» Integrity reveals new embezzlement operations in a government bank in Karbala
» Through dialogue or “elite forces”... How does Baghdad prevent the factions from implementing the Is
» Trade Bank of Iraq announces plan to open new branches
» Parliamentary Security: Israel wants international legitimacy to strike Iraq
» Minister of Health: Services provided under health insurance are almost free
» Planning: The census identifies the economic and social characteristics of each Iraqi individual.
» Al-Hakim: Iraq's duty towards the regional crisis must be consistent with its reality and capabiliti
» American party reveals the reason for Israeli threats to Iraq
» Proceedings of the first session headed by Al-Mashhadani.. Budget amendment and no schedules
» After half of it passed without sessions.. Discussion of a new extension of the legislative term
» Here are the dollar exchange rates in the Iraqi stock exchanges
» Iranian gas exports to Iraq have stopped completely for this reason Local
» utube 11/23/24 MM&C Reporting-Expectations are High-IMF-Flexible Exchange Rate Regime-Pr
» utube 11/21/24 MM&C MM&C News Reporting-Global Trade-Best Route in World-Purchase Power-Justice-Cen
» Koger: The budget schedules have not reached us yet, and we will start the sessions as soon as they
» MP calls for activating China's Belt and Road Initiative economy
» Al-Baldawi: Political will controls the fate of the ministerial amendment
» Al-Lami: US bases in Iraq represent a military arsenal to protect the entity
» Iraq sends "identical" messages to international and Arab parties regarding Israeli threats
» Iraqi parliament resumes sessions on Monday with 'important' laws
» The Central Bank of Iraq sells more than $894 million in three days
» With the participation of the private sector.. Iraq studies a project to establish a large medical c
» OPEC Secretary General: Crude Oil and Natural Gas are 'Gifts from God'
» How much did the census cost in Iraq?
» Türkiye hints at “good news” regarding Kurdistan oil exports.. What about the development path?
» Minister of Education: Project No. 1 has reached its final stages and new schools will be announced
» With Al-Mashhadani's support... Parliamentary move to activate the oversight role during the upcomin
» Israel sends messages to Iraq: An expected strike and no options for deterrence
» A government bank in Karbala embezzles installment amounts paid by a number of borrowers
» Iraqi government begins measures to prevent oil “smuggling” from Kurdistan
» Iraq sends "identical" messages to international and Arab parties regarding Israeli threats
» Al-Araji: The international coalition has great credit in helping Iraq defeat ISIS
» Dollar price stability in Iraq
» Iraqi exhibitions participate in the UFI conference in Germany
» Industry: A plan to increase battery production and cover the needs of the local market
» Health: We are studying the establishment of medical cities in Baghdad and the governorates with the
» Foreign Minister: The government has taken internal and external steps regarding the threats of the
» Immigration: Report to be submitted next month to curb illegal immigration
» The Arab League will hold a meeting next Sunday to confront the threats of the Zionist entity, at th
» Iraq comments on the threats of the Zionist entity
» Al-Mandlawi: The International Court’s decision to arrest Netanyahu and his defense minister is a st
» Supreme Census Authority: End of the second phase of the population census
» An inside look at Iraq’s “fuel smuggling market”: New developments and smugglers “suffering”
» Find out the dollar exchange rates in the Iraqi stock exchanges
» New embezzlement operations revealed in a government bank in Karbala
» Officially.. The Supreme Authority for Population Census sets the date for announcing the results
» Prime Minister: It is hoped that the remaining 1,000 schools will be completed within two months - U
» utube 11/19/24 MM&C Report-Census-Global Transparency-Budget-Trade-Banking-Delete the Ze
» Barzani: The relationship with Baghdad is good and no problem can be solved by force
» Al-Mashhadani: The international system today is “fluid and in crisis” and the Middle East crisis is
» Legal Center: Iraq is the fourth Arab country in child labor and there is a need to legislate a law
» Democratic: The new regional government is a coalition and one step away from negotiations to form i
» Parliament resumes its sessions next week... and clarification of the mechanism for extending its le
» A member of the Patriotic Union of Kurdistan stresses the need to pass the Kurdistan budget law, whi
» Framework warns: Agreement with Washington will be at stake if Iraq is bombed
» Protecting Iraq is an American duty: Security agreements are not just ink on paper
» Moderate leaders...are they able to guide the path at a regional crossroads?
» Politician reveals political agreements to vote on personal status law
» US report shows the importance of the population census in Iraq: It will reshape this map
» Dollar-Dinar Exchange Rate Gap: Causes and Treatments
» The Fifth Forum for Peace and Security in the Middle East kicks off in Dohuk with the participation
» Planning for / Nina /: The census results will be announced at this time and we implemented the proj
» Former MP: Worrying circumstances accompanied the population census process in Basra
» MP Hassan Al-Asadi brings good news to a group of those covered by Article 140
» Economist: Total cost of general population census reached 951 billion dinars
» Israel's complaint against Iraq.. a prelude to an expected military action - Urgent
» Mahmoud Al-Mashhadani: What is happening today in the Middle East is a “vital area for the second Na
» The complex of forming the regional government is exacerbated by the adherence to the “old faces”
» Bitcoin hits new record
» Prime Minister's Advisor: National Development Plan 2024-2028 depends on census results
» Al-Abadi responds to Senator Lindsey Graham's statement: Incites new conflicts and wars
» War developments portend danger in Iraq.. Israeli threatening messages arrived via a regional state
» Controversy over Kurdish citizens entering Kirkuk before the population census.. What's the story?