Kazakhstan plans Egypt hub for exporting grains, food to Africa
by Bloomberg Mar 28, 2022
Kazakhstan is looking to establish a logistics center at an Egyptian Red Sea port that would help it ship its grains and other foodstuffs to Africa, Egypt’s agriculture ministry said.
As well as the project at Ain Sokhna port described as a logistical zone for free trade, the two countries are also discussing further agricultural cooperation and investment, according to a ministry statement that cited Kazakhstan’s ambassador.
The central Asian country is one of the approved sources for wheat for Egypt, the world’s biggest importer of the grain.
Bloomberg
© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).
Similar Stories
Signal Ocean Spotlight: Iron Ore – Disconnect between Chinese iron ore imports and steel production widens
View Article
Europe and Russia: A region of contrasts shaping global softwood markets
View Article
American Trailer Manufacturers Coalition applauds affirmative preliminary determination from DOC in AD/CVD trade case
View ArticleDOE’s Office of Critical Minerals and Energy Innovation announces $134 million to bolster rare earth element supply chains
Selected projects will strengthen domestic rare earth supply chains, reduce reliance on foreign sources, and improve U.S. energy security.
View Article
Merlo America welcomes new finance manager to support continued growth
View Article
U.S.-China trade talks signal new agricultural commitments
View ArticleGet the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
![[Freightos Weekly Update] Ocean rates climbing, with more increases expected soon](https://www.ajot.com/images/uploads/article/_thumbs/Support_grows_for_India%E2%80%99s_new_maritime_CCTV_rules.jpg)
![[Freightos Weekly Update] Container rates starting to spike on peak season rush](https://www.ajot.com/images/uploads/article/_thumbs/LB_stacked_containers.JPG)
