Trade: Wheat storage is secured and strategic plans are made to face price hikes
Economie Yesterday (12/11/2021), 18:34
The Ministry of Commerce confirmed, today, Saturday, that the wheat storage is secured, while it revealed strategic plans to confront the rise in prices.
The Minister of Commerce, Alaa Al-Jubouri, said during a press conference held at the headquarters of the General Company for Grain Processing, according to a statement to inform the ministry received by the Iraqi News Agency (INA), that “an expanded meeting was held for the two grain manufacturing and grain trading companies and the private sector represented by the National Mills Association to translate a number of The decisions recently approved by the Ministerial Council for the Economy, the most important of which were the zero flour production project and the decision to open the import of wheat and mechanisms of cooperation between the concerned government sectoral agencies and the private sector in a manner that serves the public interest.
The minister indicated, "Continuing to prepare the ration card items at their timing, and his ministry has strategic plans to cooperate with the Ministerial Council, the concerned sectoral bodies and the private sector to confront the price increase and deliver materials with quality and at the appropriate price."
He stressed, "The government's clear support for this file is the presence of an integrated vision of the strategies set by the Ministry of Commerce to distribute the items of the ration card for the year 2022, with an emphasis on strategic storage and the actual need for wheat and over the next two or three years to secure it within the ration vocabulary, especially in light of its high prices in the markets. Globalism".
For his part, the Director General of the General Company for Grain Trade confirmed that “the storage of wheat is secured, and the company has plans to work within two parts, the
first is to provide local and imported wheat, and the
second is to secure commercial flour in cooperation with the private sector through the provision of imported wheat as well as the provision of fodder wheat and in cooperation with the Ministry of Agriculture ".
The company's general manager pointed out, "Continuing to prepare the quantities of flour decided within the tenth quota, and that the first quota of 2022 will be launched after the completion of the current quota while securing the rest of the quotas for the next year," stressing
"the measures taken by his company that contributed to the decline in flour prices.".
For their part, representatives of the private sector (National Mills Association) affirmed that "the private sector is an important strategic partner and auxiliary to secure the strategic storage of the ration card and imported flour."