fbpx
AgricultureForeign

India bans wheat exports over food security risk

India, the world’s second largest producer of wheat, has banned all exports with immediate effect after a heatwave affected the crop.

A notice in the government gazette by the directorate of foreign trade, dated Friday, said a rise in global prices for wheat was threatening the food security of India and neighbouring and vulnerable countries.

A key aim is to control rising domestic prices. Global wheat prices have increased by more than 40% since the beginning of the year.

Before the war, Ukraine and Russia accounted for a third of global wheat and barley exports. Since Russia’s 24 February invasion, Ukraine’s ports have been blocked and civilian infrastructure and grain silos destroyed. (Associated Press)

Back to top button

Discover more from Dateline Nigeria

Subscribe now to keep reading and get access to the full archive.

Continue reading