Egypt canceled contracts for the supply of 240,000 tons of Ukrainian grain

Egypt canceled contracts for the supply of 240,000 tons of Ukrainian grain

The General Authority for the Supply of Goods to Egypt (GASC) has released Ukrainian trading companies Nibulon and Inerco from grain supply obligations, despite the fact that there is no force majeure clause in the GASC contracts. 

Earlier, the GASC has granted companies a grace period to ship cargo via other rail or truck routes if possible.