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Economy News / Baghdad
The Ministry of Commerce announced the success of the wheat marketing season in the current season 2022 .
The Director General of the General Company for Foodstuff Trade in the ministry, Muhammad Hanoun, said in a press statement: "Two million and eighty thousand tons of wheat were marketed in all provinces, including the provinces of the Kurdistan Region," explaining that "the marketing succeeded remarkably by supporting farmers and paying their dues directly .
He added that "the law of emergency support for food security will provide us with an amount of 1.5 million tons of wheat," noting that they received an initial amount of $200 million to supply wheat from solid global origins, in light of the instructions of the Council of Ministers .
Hanoun indicated that "Iraq depends either on public tenders or on wheat councils located in Australia, Canada and the United States, which provide us with companies registered with them to contract with ."
He stated that "there are memorandums of understanding with the Australian side, through which we seek to supply wheat in the amount of 200 million dollars, and we are waiting for other amounts allocated by the Emergency Food Security Support Law to meet the need during the first four months of next year 2023 before the marketing season ."
Hanoun pointed out that Iraq needs a "strategic stockpile that extends for six months for emergency cases, provided for in the Law of the Ministry of Commerce ."
According to official statistics, the total production of wheat in Iraq amounted to 4 million and 234 tons during the winter season of 2021, and this number decreased by 32 percent from the production of 2020, in which more than 6 million and 238 tons were produced, and 4.7 million tons in 2019 .