Home News G7 leaders disagree with India’s decision to ban wheat exports

G7 leaders disagree with India’s decision to ban wheat exports

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G7 agriculture ministers on Saturday criticized India’s decision to ban wheat exports after a recent heat wave, saying it would “only exacerbate the crisis” in grain supply, which is already under pressure due to the war in Ukraine. informs AFP.

“If everyone starts imposing such export restrictions or even closing markets, this will only aggravate the crisis and it will affect India and its farmers as well,” said German Agriculture Minister Cem Ozdemir. a meeting with his counterparts in Stuttgart.

“We call on India to take on its responsibilities as a member of the G20,” he said in response to the announcement by New Delhi.

“We have spoken out against export restrictions and we demand that the markets be kept open,” Ozdemir said, according to agerpres.ro.

India, the world’s second-largest wheat producer, banned exports on Saturday except with a special authorization from the government, raising fears of a global grain supply.

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G7 strongly disapproves of India’s decision to ban wheat exports as Ukraine disrupts agricultural activities

Launched on February 24, the Russian military offensive severely disrupted agricultural activity in rural Ukraine, which before the invasion was the world’s fourth largest exporter of corn and about to become the third largest exporter of wheat.

Due to the blockade in the country’s ports, about 20 tons of grain are waiting in silos to be exported, and this year’s harvest is in danger.

India has decided to ban its “food security” after declining production due to extreme heat and rising prices as a result of the war in Ukraine, which is complicating supply on the world market.

Export contracts concluded before the issuance of the decree can be honored, as the measure only applies to future exports.

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These can only be done with the special permission of New Delhi, which will decide on a case-by-case basis to approve applications from other countries “to ensure their food security”.

Agriculture ministers meeting in Stuttgart have “recommended” that this issue be raised at the G7 meeting of heads of state and government in June, where India will be present as a guest.

Russia’s invasion of Ukraine will exacerbate the fragility of countries that are heavily dependent on Russian and Ukrainian grain or fertilizer exports, especially to Africa, where food insecurity is already at a record high due to conflict, climate crisis and economic shocks. comments AFP.

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