Egypt talking to EBRD, FAO on reducing wheat import costs: minister

Egypt is in talks with the European Bank for Reconstruction and Development (EBRD) and the U.N.'s Food and Agriculture Organization (FAO) on reducing its wheat import costs by up to $10 per tonne, the country's supplies minister said on Thursday. The world's biggest wheat importer is in discussions in a bid to preserve hard currency reserves, Khaled Hanafi said in a statement. Egypt's economy has been battered by political turmoil since the 2011 revolt that ousted autocrat Ho