Australia Govt Grants three Wheat Export Permits Of 450,000 Tons:
CANBERRA (Dow Jones)--Australia's Agriculture Minister Tony Burke Friday
granted three permits covering bulk wheat exports totaling 450,000 metric
tons.
Glencore was granted a permit to export 300,000 tons of bulk wheat to Iraq,
Louis Dreyfus was granted a permit for 100,000 tons to Iraq and GrainCorp
Ltd. (GNC.AU) was
given a permit covering the export of 50,000 tons to the United Kingdom,
Burke said.
"The permits for Iraq will help Australian grain reestablish a presence in
that market after it was locked out as a result of the Wheat-for-Weapons
scandal," Burke
said in a statement. The minister said he rejected 35 other applications
and is giving further consideration to another. The decision follows his
consideration of 39 applications provided by the Export Wheat Commission on
Jan. 15, 2008. The applications included 28 outstanding applications from
the previous government and 11 new applications, he said. -By Ray Brindal,
Dow Jones Newswires.
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