India bans wheat exports and G7 countries explode – Liberation

The war between Ukraine and RussiaIssue

Due to the harsh weather conditions in the country, New Delhi has decided to ban shipments of wheat outside the country. This has heightened tensions since the start of the Russian invasion of Ukraine.

The crisis of food raw materials leads to protective reactions. After the recent heat wave that hit the country, India decided on Saturday to ban the export of wheat. And that’s while the country is the world’s second-largest producer of wheat, raising concerns about global supplies of grain already in difficulty since the start of Russia’s invasion of Ukraine. The decision was strongly criticized in the wake of the G7 agriculture ministers, who believe that it will not be “This exacerbates the crisis.”

“If everyone starts imposing such restrictions on exports or even closing markets, it will only exacerbate the crisis and also harm India and its farmers,” he said. German Agriculture Minister Jim Ozdemir said after meeting with his counterparts in Stuttgart. “We call on India to assume its responsibilities as a member of the G20,” He added in response to the New Delhi announcement. “We’ve spoken out against export restrictions and called for markets to be kept open,” he said. Remember Ozdemir.

Even if India had not exported anything for several years in a row in 2010, the country had to send 10 million tons of wheat abroad in 2022-2023, instead of the seven million previously announced, the first since 2014. “India’s strong export pace is expected to continue due to its ample inventories and higher global prices,” The US Department of Agriculture also estimates. According to Reuters, the latter pegged final global wheat stocks for the 2022-2023 campaign on Thursday at 267 million tons, the lowest level in six years, well below analysts’ estimates of 272 million. This may foreshadow that the world price of wheat is still at its highest levels.

“Our farmers have made sure to take care not only of India but of the whole world.”

Piyush Goyal, Minister of Trade and Industry

India decided on this ban to ensure “Food Safety” After production decreased due to extreme heat and prices rose as a result of the war in Ukraine. Earlier this month, the government determined that these climatic conditions will lead, for the first time in six years, to a reduction in the wheat harvest, by at least 5% compared to 2021, when about 110 million tons were harvested. Export contracts entered into prior to the decree may be adhered to, and this procedure relates only to future exports. “Our farmers have taken care not only of India but of the whole world.” Commerce and Industry Minister Piyush Goyal said last month.

These exports can ultimately only be made with special permission from 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 “recommended” To bring up the topic at the G7 Heads of State and Government meeting in June, where India will be present as a guest. On Thursday, the country also announced that delegations would go to several North African countries, Turkey, Vietnam, Thailand and even Lebanon. Study of ways to enhance wheat exports from India. It was not clear on Saturday whether these moves would continue.

The Russian military offensive, which began on February 24, has seriously disrupted agricultural activity in rural Ukraine, which before the invasion was the world’s fourth largest exporter of corn, and is on its way to becoming the third largest exporter of wheat. Because of the blockade of the country’s ports, about 20 tons of grain are waiting in silos for export, and this year’s crop is under threat.

An invasion would also increase the vulnerability of countries that depend heavily on Russian and Ukrainian grain or fertilizer exports, particularly in Africa, where food insecurity has already reached its peak under the influence of conflicts, climate crises and economic shocks.

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