Egyptian President Abdel Fattah El-Sisi said the government had agreed to announce guarantee prices for 4 commodities, namely wheat, corn, soybeans and sunflowers.
Al-Sisi added during the opening of the nitrogen fertilizer plant complex in Ain Sukhna today Wednesday that the guarantee means it is a minimum payout, explaining that if the world price rises strongly, we will pay more.
Al-Sisi delivered a speech to the rural population, saying: “The land that you have is precious, use it better than we squander it. All over the world there is a problem in agricultural production and demand is growing due to population growth, and we are working on it, so it will give a lot.
At the end of his speech to the Egyptians, Al-Sisi asserted: “I, God willing, will try to be honest and trustworthy with you in every word that I say, because we do not promise you a promise that we cannot keep.
Source: RT