Egypt Bans Exports of Vegetable Oil and Corn for 3 Months

FILE PHOTO - A combine drives over stalks of soft red winter wheat during the harvest on a farm in Dixon, Illinois, July 16, 2013. REUTERS/Jim Young/File Photo
FILE PHOTO - A combine drives over stalks of soft red winter wheat during the harvest on a farm in Dixon, Illinois, July 16, 2013. REUTERS/Jim Young/File Photo
TT

Egypt Bans Exports of Vegetable Oil and Corn for 3 Months

FILE PHOTO - A combine drives over stalks of soft red winter wheat during the harvest on a farm in Dixon, Illinois, July 16, 2013. REUTERS/Jim Young/File Photo
FILE PHOTO - A combine drives over stalks of soft red winter wheat during the harvest on a farm in Dixon, Illinois, July 16, 2013. REUTERS/Jim Young/File Photo

Egypt's trade ministry on Saturday banned exports of all kinds of vegetable oil and corn for three months starting from March 12, the ministry said in a statement.

Egypt said on Thursday it was banning exports of lentils, pasta, wheat, flour and fava beans for three months from March 11.

In a preliminary assessment on Russia's invasion of Ukraine, the Food and Agriculture Organization (FAO) said it was not clear if Ukraine would be able to harvest crops during a protracted conflict, with uncertainty also surrounding Russian food exports.

FAO said Russia was the world's largest exporter of wheat, while Ukraine was the fifth largest. Together, they provide 19% of the world's barley supply, 14% of wheat, and 4% of maize, making up more than one-third of global cereal exports.



Cyprus Offers to Assist on Lebanon Ceasefire as More Nations Welcome Agreement

 Displaced residents drive past the rubble of destroyed buildings as they return to their villages, following a ceasefire between Israel and Hezbollah that went into effect on Wednesday, Nov. 27, 2024, in Tyre, southern Lebanon. (AP)
Displaced residents drive past the rubble of destroyed buildings as they return to their villages, following a ceasefire between Israel and Hezbollah that went into effect on Wednesday, Nov. 27, 2024, in Tyre, southern Lebanon. (AP)
TT

Cyprus Offers to Assist on Lebanon Ceasefire as More Nations Welcome Agreement

 Displaced residents drive past the rubble of destroyed buildings as they return to their villages, following a ceasefire between Israel and Hezbollah that went into effect on Wednesday, Nov. 27, 2024, in Tyre, southern Lebanon. (AP)
Displaced residents drive past the rubble of destroyed buildings as they return to their villages, following a ceasefire between Israel and Hezbollah that went into effect on Wednesday, Nov. 27, 2024, in Tyre, southern Lebanon. (AP)

Cyprus is willing to assist in any way possible in helping implement a ceasefire brokered between Lebanon and Israel, its government said on Wednesday.

Cypriot President Nikos Christodoulides spoke by phone with Lebanese caretaker Prime Minister Najib Mikati on Wednesday, a statement from the government spokesperson's office said.

"(Christodoulides) expressed the readiness of the Republic of Cyprus to assist in any way requested - taking into account Cyprus's proximity as an EU member state closest to the region and its excellent relations with all parties - both in implementing the ceasefire and any other request," the government spokesperson said in a statement.

Egypt welcomed the ceasefire, the foreign ministry said in a statement, while Jordan said the deal should prompt greater international efforts to bring an end to the war in Gaza.

In an official statement, the kingdom said the move was also a first step towards reversing a dangerous escalation of tensions across the region that had threatened peace and security.

Türkiye welcomed the ceasefire, hoping the truce will be lasting, its foreign ministry said on Wednesday, calling on the international community to pressure Israel into fully implementing it.

"It is imperative for the international community to exert pressure on Israel to fully comply with the ceasefire and to provide reparations for the damages it has caused in Lebanon," the ministry said in a statement, adding Türkiye was ready to support peace efforts in Lebanon.

It added that a ceasefire must also be declared in Gaza as soon as possible for lasting regional peace and stability.