The statement said that the market price of wheat and rice at the time of purchase will be taken into consideration in order to ensure transparency and prevent corruption.

After Iraq has tightened requirements for the quality of imported grain and changed payment terms, many traders refrain from participation in tenders conducted by the Department of Grain to Iraq.

Iraq, one of the world's major importers of wheat and rice, earlier this year announced to its suppliers that it will pay for the grain in installments. The country is experiencing difficulties with payments due to low oil prices and other financial factors.

Photo: grainboard.ru