UAE and Western Australia to work on wheat issues

UAE and Western Australia to work on wheat issuesGovernment leaders from the UAE and Australia met this week to discuss grain exports between the two countries.  After last year’s drought in major wheat-producing countries like Australia, the US, and Russia, worldwide grain reserves are down 8.8%.  The UAE, as a net-import for food country, is key to secure fixed contracts with farmers in Western Australia to purchase their wheat.

Western Australia provides up to 80% of the country’s grain exports, and have been already sending about 10% of those to the UAE.  Since the UAE is vulnerable to the shifts in costs of basic good and Western Australian farmers need to secure guaranteed buyers of their wheat, the partnership is expected to be mutually beneficial.

 

 



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Government leaders from the UAE and Australia met this week to discuss grain exports between the two countries.  After last year’s drought in major wheat-producing countries like Australia, the US, and Russia, worldwide grain reserves are down 8.8%.  The UAE, as a net-import for food country, is key to secure fixed contracts with farmers in Western Australia to purchase their wheat. Western Australia provides up to 80% of the country’s grain exports, and have been already sending about 10% of those to the UAE.  Since the UAE is vulnerable to the shifts in costs of basic good and Western Australian...

UAE and Western Australia to work on wheat issuesGovernment leaders from the UAE and Australia met this week to discuss grain exports between the two countries.  After last year’s drought in major wheat-producing countries like Australia, the US, and Russia, worldwide grain reserves are down 8.8%.  The UAE, as a net-import for food country, is key to secure fixed contracts with farmers in Western Australia to purchase their wheat.

Western Australia provides up to 80% of the country’s grain exports, and have been already sending about 10% of those to the UAE.  Since the UAE is vulnerable to the shifts in costs of basic good and Western Australian farmers need to secure guaranteed buyers of their wheat, the partnership is expected to be mutually beneficial.

 

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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