Iraq Has Only 190,000 Tons of Rice Left for Food Program

An Iraqi farmer plants amber rice in the Mishkhab region, central Iraq. (AFP)
An Iraqi farmer plants amber rice in the Mishkhab region, central Iraq. (AFP)
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Iraq Has Only 190,000 Tons of Rice Left for Food Program

An Iraqi farmer plants amber rice in the Mishkhab region, central Iraq. (AFP)
An Iraqi farmer plants amber rice in the Mishkhab region, central Iraq. (AFP)

Iraq has only 190,000 tons of rice available in its coffers for its food rationing program, the trade ministry said in a statement late on Saturday.

The country needs around 1-1.25 million tons of rice a year to support the program.

In March, the trade ministry pleaded for money from the state's budget to build three months' supply of strategic wheat and rice stockpiles as Iraq grappled with the spread of the new coronavirus.

The ministry on Saturday renewed its call for more funds, saying the allocations were crucial, despite "difficulties" with the budget, because many Iraqis are "struggling to provide their daily food due to tough economic conditions amid the coronavirus crisis".

Iraq, a major Middle East wheat and rice buyer, was politically gridlocked after former Prime Minister Adel Abdul Mahdi was ousted by nationwide anti-corruption protests, hampering efforts to get a state budget approved before the start of the calendar year, said Reuters.

Iraq's grain board, which falls under the trade ministry, holds regular international tenders to import wheat and rice for the rationing program, which also covers cooking oil, flour and sugar.



South Korea, China Industry Ministers Agree to Cooperate in Evolving Global Environment, Seoul Says

Chinese Commerce Minister Wang Wentao attends a meeting with global business leaders at the Great Hall of the People in Beijing, China, March 28, 2025. (Reuters)
Chinese Commerce Minister Wang Wentao attends a meeting with global business leaders at the Great Hall of the People in Beijing, China, March 28, 2025. (Reuters)
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South Korea, China Industry Ministers Agree to Cooperate in Evolving Global Environment, Seoul Says

Chinese Commerce Minister Wang Wentao attends a meeting with global business leaders at the Great Hall of the People in Beijing, China, March 28, 2025. (Reuters)
Chinese Commerce Minister Wang Wentao attends a meeting with global business leaders at the Great Hall of the People in Beijing, China, March 28, 2025. (Reuters)

The industry ministers of South Korea and China met on Saturday to discuss the evolving global trade environment and agreed to cooperate bilaterally as well as on multinational trade forums, the South's industry ministry said.

China's Commerce Minister Wang Wentao is visiting Seoul for a three-way ministerial meeting on Sunday with South Korea's Ahn Duk-geun and Japanese Trade Minister Yoji Muto.

"They held discussions on bilateral cooperation measures and trade issues in response to changes in the global trade environment," the South Korean ministry said in a statement.

The first meeting of the two countries' industry ministers is the first since November 2023 and comes as US President Donald Trump's promised tariffs are expected to impact imports from the two Asian export powers.

Trump has already imposed 20% tariffs on all Chinese imports, saying Beijing has failed to stem the flow of precursors for the addictive opioid fentanyl.

South Korea is bracing for duties that could hit its major exports to the United States, including semiconductors and electric vehicle batteries. Ahn has said a 25% tariff on autos unveiled this week by Trump was expected to create "considerable difficulties" for South Korean automakers.