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EconomyRussia sees potential for grain hub in Egypt’s Alexandria

Agriculture Minister Oksana Lut said Russia sees potential for a grain hub in Alexandria, where a Russian trader is already operating. Egypt has also proposed another site, whose economic terms are being assessed. Lut said logistical constraints in the Azov-Black Sea Basin reduced Russian grain supplies to Egypt to 1.6 million metric tons at the start of this season, from 3.5 million last year.

grain tradeRussiaEgyptAlexandria

TTASS★★☆☆☆2026-10-28 18:10Original

Russia sees potential for grain hub in Egypt’s Alexandria
Economy