Browse related articlesGCC food import hits $10bn
Middle East: Saturday, March 22 - 2008 at 08:49
The Gulf Cooperation Council's (GCC) dependecne on food imports has hit $10bn, reported Gulf News. Amid global crop shortages, the prices of many basic goods including rice, wheat, dairy and cooking oil have been rising dramatically throughout the Middle East. Rising oil prices, which caused increased freight costs were also noted as additional factor.
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Medilyn Manibo, Assistant News EditorSaturday, March 22 - 2008 at 08:49 UAE local time (GMT+4)
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