Egypt wants to reduce its domestic rice production to 2 million tonnes per year from 2.4 million tonnes per year to save water, Trade Minister Rachid Mohamed Rachid said on Monday.
He put production at about 2.4 million tonnes, consumption around 1.4 million, and previous exports at around 1 million tonnes. "So obviously we would like to reduce that from 2.4 (million) to maximum 2 million tonnes," he told Reuters,
Rachid said Egypt was also concerned by a rise in world sugar prices, saying they could have an impact on inflation in the most populous Arab country. (Reporting by Edmund Blair; Editing by Keiron Henderson)