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India to Export 1.5 Million Tons of Wheat to Iraq
India would export to Iraq a total of 1.5 million tons of wheat including 350,000 tons in lieu of crude petroleum beginning in February next year, officials in the Consumer Affairs Ministry said Monday, December 4.
India has earned over US$9 million from the export of 100,000 tons of wheat since last month and has been receiving orders for around 500,000 tons more from the Middle East, Bangladesh and Southeast Asia.
Iraqi Vice-President Taha Yassin Ramadhan paid a five-day official visit to New Delhi toward the end of last month, during which the two countries reached understanding on "a special counter-trade arrangement" enabling Iraq to import food grains from India against the export of crude and oil products.
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