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India bans exports of wheat, citing threat to food security
10 days ago - By Bésame
NEW DELHI - India has banned exports of wheat effective immediately, citing a risk to its food security, partly due to the war in Ukraine.
A notice in the government gazette by the Directorate of Foreign Trade, dated Friday, said a spike in global prices for wheat was threatening the food security of India and neighboring and vulnerable countries.
A key aim is to control rising domestic prices. Global wheat prices have risen 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 Feb. 24...
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