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Green light from the Ministry for the purchase of cereals by the state due to the crisis – New orders if the need arises

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The Council of Ministers approved on Wednesday the proposal submitted by the Ministry of Agriculture for the purchase by the state of a quantity of cereals, namely 36,000 tons of barley and corn, to increase stocks due to the crisis created by the Russian invasion of Ukraine. The Minister of Agriculture assured that the situation is being monitored and if necessary, new orders will be placed.

“It simply came to our notice then. “Let me remind you that there are already stocks from the orders of the importers that arrive until the middle of April, so these will be additional quantities and we will continue to monitor the situation daily so that if the need arises, new orders can be placed”, said Costas Kadis after the meeting of the Minister.

He reminded that the specific provision for orders from the state exists in the legislation that was recently adopted, after the abolition of the grain committee and provides in times of crisis that it can be used to place orders by the state itself.

“We compared the advantages of the state or the importers to manage the cereals that will come to Cyprus both economically and in terms of efficiency and the solution of the management by the importers is preferable so the state will import the cereals and give them to the importers for to manage them with specific conditions which will be governed by full transparency “, added Mr. Kadis.

“We are monitoring the situation and if necessary we will take additional actions,” he said.

Source: KYPE

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Minister of Agriculture: The Government will buy 36 thousand tons of grain to ensure adequacy

Readiness for economic support measures

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Source: politis.com.cy

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