Nagdy pointed out that 80 percent of the components are locally made.
French Ambassador to Cairo Marc Barety told press Monday that his country is a producer of wheat and that it prioritizes exporting the crop to Egypt in the current harvest season.
The G7 ambassadors to Cairo issued Tuesday a joint statement affirming their countries' support to Egypt to overcome the grain crisis incurred by the Russia-Ukraine War.
Egypt prohibits importing and planting GMO seeds, but allows imports of GM-produced soybeans and maize that have been approved from the country of origin, especially from the United States.
Minister of Agriculture Ezz el Din Abu Steit stressed that all grain imports coming from Russia are subjected to quarantine checks to ensure they are free from any harmful substances that may pose a danger to Egypt's agriculture, MENA reported.
The lowest offer was at $197.95 a tonne free-on-board for 60,000 tonnes of Russian wheat, traders said.