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AWB secures wheat deals with Jordan and Libya.

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Monday, 19 August 2002 - MVT100/2002

AWB Secures Wheat Deals with Jordan and Libya

Australia had secured two new wheat markets in the Middle East and North Africa, Trade Minister Mark Vaile announced to Federal Parliament today.

Mr Vaile said he had been advised Australia's bulk wheat exporter AWB Ltd had recently secured markets for Australian wheat in Jordan and Libya.

"The Australian Wheat Board has secured an order for 50,000 tonnes to Jordan, the first order since 1996," Mr Vaile said.

"Following our successful trade delegation that I led to Libya, which included the Australian Wheat Board Chairman, the wheat board has also secured an order for 50,000 tonnes."

"Those two new orders are worth roughly $A25 million dollars.

"These announcements vindicate the Government's support of the AWB to successfully manage their commercial dealings.

Mr Vaile said these deals are yet another example of why the Federal Government is a committed supporter of the single desk for bulk wheat exports, which gives branding and marketing advantages to Australian wheat farmers.

"Through the single desk the AWB exports to some 55 countries enabling them to strategically place Australian wheat around the world.

"The Federal Government is confident the AWB is well equipped to maximise export revenue for the Australian wheat grower."

Media Contact: Mark Croxford +61 02 6277 7420

This page last modified: Tuesday, 20-Aug-2002 10:23:46 EST

Local Date: Thursday, 22-Aug-2002 09:57:38 EST