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Egypt launches int'l wheat tender

Egypt launches int'l wheat tender
GASC will pay for the wheat through letters of credit payable within 180 days

Cairo – Mubasher: The Egyptian General Authority for Supply Commodities (GASC) has launched an international tender to purchase an unspecified amount of wheat to be delivered between 21 and 30 November, Reuters reported late on Monday.

The state-run body is looking to buy wheat from the US, Canada, Australia, France, Germany, Poland, Ukraine, Romania, Bulgaria, Hungary, Paraguay, and Serbia, GASC's Deputy Head, Ahmed Youssef, said.

The deadline for bid submission is 12:00 p.m. GMT on Tuesday, 22 September.

GASC will pay for the wheat through letters of credit payable within 180 days.