To protect local food security, the indian government has placed an immediate restriction on wheat exports. The export of onion seeds has been prohibited. india is the world's second-largest wheat producer. ukraine is in first place. The war has completely halted wheat exports from this country. In April, India's wheat exports increased to 14 lakh tonnes. In light of this, India's government has placed an emergency restriction on wheat exports in order to safeguard local food security.
On friday evening, the Directorate of Foreign Trade published a statement. It implements an immediate prohibition on wheat exports. However, it has been advised that only if the wheat export agreements are signed by May 13 will exports be permitted. It was also said that if any wheat is required from adjacent countries, the wheat will be exported in the quantity permitted by the country with authorization from the Central Government. Furthermore, the announcement signalled a significant shift in the international wheat market. The crisis between ukraine and russia has caused a shortage of wheat in Angkor.
Many countries around the world are having problems getting wheat distributed equally. In this situation, the central government has enforced an export prohibition in order to protect domestic food security and demand. The announcement comes as domestic wheat prices continue to rise. Similarly, the export of onion seeds was immediately prohibited. Meanwhile, representatives from the government have been to eight countries, including Morocco, Tunisia, and Indonesia, to discuss wheat exports in 2022-23. By 2022-23, the goal is to export 10 metric tonnes of wheat. india exported 7 metric tonnes of wheat in 2021-22, with barely 50% of that going to Bangladesh.
On friday evening, the Directorate of Foreign Trade published a statement. It implements an immediate prohibition on wheat exports. However, it has been advised that only if the wheat export agreements are signed by May 13 will exports be permitted. It was also said that if any wheat is required from adjacent countries, the wheat will be exported in the quantity permitted by the country with authorization from the Central Government. Furthermore, the announcement signalled a significant shift in the international wheat market. The crisis between ukraine and russia has caused a shortage of wheat in Angkor.
Many countries around the world are having problems getting wheat distributed equally. In this situation, the central government has enforced an export prohibition in order to protect domestic food security and demand. The announcement comes as domestic wheat prices continue to rise. Similarly, the export of onion seeds was immediately prohibited. Meanwhile, representatives from the government have been to eight countries, including Morocco, Tunisia, and Indonesia, to discuss wheat exports in 2022-23. By 2022-23, the goal is to export 10 metric tonnes of wheat. india exported 7 metric tonnes of wheat in 2021-22, with barely 50% of that going to Bangladesh.
