{"id":604569,"date":"2018-12-06T04:03:10","date_gmt":"2018-12-06T04:03:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/gasc-has-not-issued-letters-of-credit-for-16-wheat-shipments\/"},"modified":"2018-12-06T04:03:10","modified_gmt":"2018-12-06T04:03:10","slug":"gasc-has-not-issued-letters-of-credit-for-16-wheat-shipments","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/gasc-has-not-issued-letters-of-credit-for-16-wheat-shipments\/","title":{"rendered":"GASC has not issued letters of credit for 16 wheat shipments"},"content":{"rendered":"

Gov\u2019t dismisses traders\u2019 claim of delay in letters of credit for wheat shipments: <\/b>The government has responded to a Reuters report quoting traders who claimed state grain buyer GASC has not issued letters of credit to cover 16 wheat shipments, saying guarantees either have been or would be issued, the news agency reported<\/a>.<\/p>\n

Size matters:<\/b> Delays have happened before, but this time the combined size of the wheat shipments is massive \u2014 945k tonnes \u2014 with shipping dates as far back as last month, the traders said. They said they were not aware of the reason behind the delay, but that GASC had blamed it on the Finance Ministry and said to expect it drag it on until January.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gov\u2019t dismisses traders\u2019 claim of delay in letters of credit for wheat shipments: The government has responded to a Reuters report quoting traders who claimed state grain buyer GASC has not issued letters of credit to cover 16 wheat shipments, saying guarantees either have been or would be issued, the news agency reported. Size matters: […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,550,2380,777,132,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604569","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-gasc","tag-speed-round","tag-supply-ministry","tag-trade","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"bc11a040-be8d-4732-ba09-81f36f0d181e","order":"0","is_powered_by":true,"section_story_id":"643c444f-149a-40d1-a010-040444763f6d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[604551],"teaser":"","voice_url":""},"yoast_head":"\nGASC has not issued letters of credit for 16 wheat shipments - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/gasc-has-not-issued-letters-of-credit-for-16-wheat-shipments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GASC has not issued letters of credit for 16 wheat shipments\" \/>\n<meta property=\"og:description\" content=\"Gov\u2019t dismisses traders\u2019 claim of delay in letters of credit for wheat shipments: The government has responded to a Reuters report quoting traders who claimed state grain buyer GASC has not issued letters of credit to cover 16 wheat shipments, saying guarantees either have been or would be issued, the news agency reported. 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State grains buyer GASC paid USD 416 a ton on a cost and freight basis (CFR), they said.The breakdown: GASC reportedly bought 214k tons of Russian wheat, 170k tons of\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/139.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":637519,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/19\/only-six-bidders-present-wheat-offers-for-gasc-in-thursdays-tender\/","url_meta":{"origin":604569,"position":4},"title":"Only six bidders present wheat offers for GASC in Thursday\u2019s tender","author":"enterpriseam admin","date":"19 November 2017","format":false,"excerpt":"Only six suppliers presented offers in General Authority for Supply Commodities (GASC)\u2019s wheat purchase tender on Thursday, Reuters reported. \u201cSeveral major trading houses were absent with [traders] saying uncertainty about whether shipments will again be rejected because of Egypt\u2019s food safety inspection system.\u201d Reuters adds that Jean Philippe Everling, CEO\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627706,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/10\/gasc-cancels-wheat-shipment-from-dubai-based-aos\/","url_meta":{"origin":604569,"position":5},"title":"GASC cancels wheat shipment from Dubai-based AOS","author":"enterpriseam admin","date":"10 June 2018","format":false,"excerpt":"GASC cancels wheat shipment from Dubai-based AOS: The General Authority for Supply Commodities (GASC) has cancelled a 60k tonne order of Russian wheat from Dubai-based trader AOS on Thursday after repeated delays in delivery, traders told Reuters Arabic. \u201cThere were severe delays and state grain buyer GASC officially cancelled the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/604569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=604569"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/604569\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/604551"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=604569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=604569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=604569"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=604569"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=604569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}