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.



Second Emirati-Iraqi Business Forum Discusses Enhancing Trade Partnerships

The event took place on the sidelines of the Iraqi trade delegation's visit to the UAE from May 1st to 2nd - WAM
The event took place on the sidelines of the Iraqi trade delegation's visit to the UAE from May 1st to 2nd - WAM
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Second Emirati-Iraqi Business Forum Discusses Enhancing Trade Partnerships

The event took place on the sidelines of the Iraqi trade delegation's visit to the UAE from May 1st to 2nd - WAM
The event took place on the sidelines of the Iraqi trade delegation's visit to the UAE from May 1st to 2nd - WAM

The Federation of UAE Chambers of Commerce and Industry, in cooperation with the Federation of Iraqi Chambers of Commerce, organized the Second Emirati-Iraqi Business Forum this week in Dubai.
The event took place on the sidelines of the Iraqi trade delegation's visit to the UAE from May 1st to 2nd.

The forum witnessed the participation of more than 170 companies from major institutions and corporations in both countries, state news agency WAM reported.

Over 250 bilateral business meetings were held between representatives of various sectors, most notably real estate, contracting, tourism, hospitality, energy, renewable energy, logistics services, healthcare, and artificial intelligence, in addition to bilateral meetings between the chambers of commerce.

Abdullah Sultan Al Owais, Vice Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of the Sharjah Chamber of Commerce and Industry, affirmed the keenness of the chambers of commerce and private sector representatives to support and enhance trade and investment cooperation between the UAE and the Republic of Iraq. He pointed out the importance of the "Together for Partnerships" initiative, launched in cooperation between the Federation of UAE Chambers and the International Development Bank - Dubai Branch, which aims to be a link and a bridge for investors and business owners between the two brotherly countries.

During the opening session, Dr. Mudhaffar Mustafa Al-Jubouri, the Iraqi Ambassador to the UAE, praised the depth of the brotherly and cooperative relations between Iraq and the UAE.

He also emphasized the importance of strengthening economic partnership and expanding the horizons of cooperation in various fields, in a way that achieves sustainable development and economic prosperity for both countries.