Iraq’s grain imports will be high this year as dry weather will curb domestic crops, an Iraqi official said on Sunday.
“This year is dry, our imports will be very large this year,” Sami al-Araji, the head of Iraq’s National Investment Commission said at a conference in Kuwait.
Iraq, a major importer of grains, consumes around 5 million tons of wheat a year.
Rice and wheat are imported by the trade ministry for Iraq’s food rationing program which includes flour, rice, cooking oil, sugar and baby milk formula.
Araji said Iraq would aim to encourage investment in its agricultural sector to achieve self-sufficiency in strategic crops over the next 10 years.
“We are talking about strategic crops like wheat and barley,” he said.
He was speaking ahead of a major donor conference in Kuwait this week.
-
Iraq seeks $100 bln to reconstruct transport, agriculture and oil sectors
Iraq seeks around $100 billion in foreign investment in transport, energy and agriculture as part of a plan to rebuild parts of the country and revive ... Middle East -
US not planning to contribute money at Iraq reconstruction conference
The United States does not plan to contribute any money at a conference in Kuwait next week to fund Iraq’s reconstruction drive after the war ... Middle East -
Iraq gas output rises after rehabilitation of northern field
Iraq’s natural gas output has increased by 50 million cubic feet a day to 70 million cubic feet a day after the rehabilitation of Ajil, a field ... Energy -
Iraq nears oil output capacity of 5 mln bpd, committed to OPEC cuts
Iraqi Oil Minister Jabar al-Luaibi said on Saturday that the OPEC member’s oil output capacity is nearing 5 million barrels per day, but the ... Energy