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    Home > Food News > Food Articles > Indian FM: India ready to export wheat to make up for global shortage

    Indian FM: India ready to export wheat to make up for global shortage

    • Last Update: 2022-05-17
    • Source: Internet
    • Author: User
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       Sputnik News Agency, New Delhi, April 26.
    Indian Foreign Minister Jaishankar said that India can act as a
    wheat exporter to make up for the global shortage caused by the situation in Ukraine
    .
     
      Speaking at the Raisina Dialogue forum in New Delhi, Jaishankar said: “One of the consequences of the conflict in Ukraine has been reflected in energy prices, food shortages and food inflation
    .
    India can intervene in agricultural exports, especially Wheat exports, to change the current situation

    .
     
      Jaishankar pointed out that India is now "trying to figure out how we can supply more wheat to cover the global shortage
    .
    "
     

    "Of course, there are some WTO restrictions, but the situation at this time is very special .
    We hope the WTO sees it the same way
      ," India's foreign minister said

    .
     
      Last week, Egypt's Ministry of Agriculture and Land Reclamation approved India as a source of wheat imports
    .
    A range of food prices in Egypt also started to rise in March after the crisis in Ukraine caused global prices to rise

    .
    The Egyptian cabinet issued a decree for this, imposing price controls not only on subsidized bread but also on non-subsidized bread

    .
    In addition, the Egyptian government has banned the export of all kinds of edible oils, corn, wheat, flour and beans, as well as a range of other products, for a period of three months

    .
    Russia is Egypt's main wheat supplier

    .
    Before the conflict began, Cairo also imported large quantities of food from Ukraine

    .
     
      According to Thomson Ferry, a spokesman for the United Nations World Food Program, the conflict in Ukraine could lead to higher global food prices and global hunger
    .
    Ukraine and Russia account for 30% of world wheat exports, 20% of world corn exports and 76% of world sunflower oil exports, so any disruption to production or exports could lead to higher prices

    .
    wheat export
     
      Speaking at the Raisina Dialogue forum in New Delhi, Jaishankar said: “One of the consequences of the conflict in Ukraine has been reflected in energy prices, food shortages and food inflation
    .
    India can intervene in agricultural exports, especially Wheat exports, to change the current situation

    .
     
      Jaishankar pointed out that India is now "trying to figure out how we can supply more wheat to cover the global shortage
    .
    "
     

    "Of course, there are some WTO restrictions, but the situation at this time is very special .
    We hope the WTO sees it the same way
      ," India's foreign minister said

    .
     
      Last week, Egypt's Ministry of Agriculture and Land Reclamation approved India as a source of wheat imports
    .
    A range of food prices in Egypt also started to rise in March after the crisis in Ukraine caused global prices to rise

    .
    The Egyptian cabinet issued a decree for this, imposing price controls not only on subsidized bread but also on non-subsidized bread

    .
    In addition, the Egyptian government has banned the export of all kinds of edible oils, corn, wheat, flour and beans, as well as a range of other products, for a period of three months

    .
    Russia is Egypt's main wheat supplier

    .
    Before the conflict began, Cairo also imported large quantities of food from Ukraine

    .
     
      According to Thomson Ferry, a spokesman for the United Nations World Food Program, the conflict in Ukraine could lead to higher global food prices and global hunger
    .
    Ukraine and Russia account for 30% of world wheat exports, 20% of world corn exports and 76% of world sunflower oil exports, so any disruption to production or exports could lead to higher prices

    .
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