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India's wheat exports struck 7. 85 million tonnes in the  to March, an all-time high and a sharp boost from 2. 1 million tonnes in the previous year. News of India's addition as an authorized import origin by Egypt has actually been welcomed by both countries. India is trying to cash in on its production surplus and Egypt is looking for lower costs after Russia's invasion of Ukraine interrupted its purchases, some 80% of which came from Russia and Ukraine last year.

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GASC had cancelled 2 tenders since Russia's intrusion of Ukraine prior to its latest purchase recently. It has yet to provide a tender given that the approval, and it is unclear if it will add India as an origin in its next tender book. Register, Reporting by Sarah El Safty and Mayank Bhardwaj; editing by David Evans, Our Standards: The Thomson Reuters Trust Principles..

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