Libya to import $700 million worth wheat from Russia

Libya is eager to buy 1 million tonnes of wheat and animal feed from Russia for around $700 million, Libyan Government of National Accord Economy and Industry Minister Nasir Shaglan said in an interview published Sunday.

“We would like to get an annual supply of wheat in the volume of 1 million tonnes by purchasing it in Russia. Also, we need feed for the development of animal husbandry. And if we agree on the supply of these two important products — grain for bread and feed, we can reach a unique deal worth $700 million,” Shaglan told the Kommersant newspaper.

He noted that his priority as the minister of economy was to ensure food security of Libya.