Moroccan Professionals and the Ukrainian Embassy discuss security guarantees for wheat imports

Moroccan Professionals and the Ukrainian Embassy discuss security guarantees for wheat imports
MAP
Sunday 12 November 2023 - 21:24

Moroccan professionals, particularly those involved in export and import, are preparing to meet with officials from the Ukrainian embassy in Rabat next week, in the presence of two Ukrainian exporters, to discuss security guarantees for Moroccan wheat imports in the Black Sea, according to a grain sector professional who spoke to Hespress AR.

 “What worries us at the present time is the issue of securing Moroccan wheat purchases from Russia and Ukraine in the Black Sea, a region that is experiencing a continuing state of war between Kyiv and Moscow, and talk is escalating about compensating for its wheat purchases in the Baltic Sea,” he said.

The expert source noted that Moroccan importers had only brought a total of 60.000 tons of wheat from Ukraine and Russia thus far, indicating that it would be challenging to purchase from there in the absence of assurances from the Ukrainian government regarding safeguarding Moroccan imports.

According to the Hespress AR source, Moroccan importers are still acquiring wheat from Russia and Ukraine; the issue is merely one of security.

The source added that Moroccan importers are not enthusiastic about importing from this market due to the security challenges, which they hope will become clear in the meeting with the Kyiv embassy in Rabat. Prices are currently high in the international market, and if imports from the Black Sea stop, Moroccan professionals will be faced with a problem.

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