Faced with the decline in its production, due in particular to extreme heat waves, India decided on Saturday May 14 to ban exports of this commodity, except with special authorization from the government, in order to ensure "food security of its 1.4 billion people.
Export contracts concluded before the decree may be honoured, the measure only concerns future exports.
For the latter, India will approve requests from other countries on a case-by-case basis "to meet their needs".
Gathered in Stuttgart, Germany, the G7 Agriculture Ministers immediately criticized this decision, which comes as the world wheat market is already under great tension due to the Ukrainian conflict.
“If everyone starts imposing such export restrictions or even closing markets, it will only worsen the crisis and it will also harm India and its farmers,” said the German Minister of Agriculture. Agriculture, Cem Özdemir, following a meeting with his counterparts.
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