100s of titles, one news app for just $10 a month.
Dive Deeper:
‘If everyone starts…’: G7 criticises India decision to stop wheat exports
India on Saturday banned wheat exports without prior government approval after recent scorching temperatures hit production, in a blow to…
India prohibits export of wheat, onion seeds with immediate effect
TThe restriction on export of wheat comes as part of measures to control rising prices
What explains India’s U-turn on wheat exports
The Union commerce ministry was preparing to send delegations abroad to boost the country’s wheat exports, when the government abruptly…
Wheat prices hit record high as India restricts exports
The price, which was already high in the wake of Russia's invasion of major wheat exporter Ukraine, jumped to 435…
One subscription that gives you access to news from hundreds of sites
India bans wheat exports as food security comes under threat
India prohibited wheat exports that the world was counting on to alleviate supply constraints sparked by the war in Ukraine,…
Wheat soars in risk to food inflation as India restricts exports
Wheat jumped by the exchange limit after India's move to restrict exports, exposing just how tight global supplies are after…
Get all your news in one place
Latest National news:
Nationals could dump Barnaby Joyce over net zero stance with Peter Dutton set to lead Liberals
Sussan Ley or Jane Hume likely to be deputy Liberal leader as Coalition continues to grapple with election fallout
Read news from The Economist, FT, Bloomberg and more, with one subscription
Learn More
Shut The Fuck Up Listen To Sam Lim, Former Dolphin Trainer, Talk Passionately About Dolphins
"Dolphins are so genuine. Dolphins never hurt you."
Sunk at the last minute: the $250m Port of Newcastle container terminal package
The Morrison government came within 24 hours of unveiling a $250 million infrastructure package to support the establishment of a…
Pollsters breathe sigh of relief after accurately predicting Labor’s election victory
Major polling companies changed methods after 2019 failure but two-party preferred measure misses Greens and independents
Fruit bag ban deferred as plastic straws get the flick
Ban of plastic fruit bags deferred as straws get the flickl.
From analysis to good news, read the world’s best news in one place
Australia to stand with Pacific islands on climate crisis and ‘respect’ region, Penny Wong says
New foreign affairs minister tells Pacific leaders Australia ‘will listen because we care’ after reports China may be seeking security…
Why the Newcastle Knights are willing to take a punt on Canterbury firebrand Jack Hetherington
Knights officials believe Hetherington, properly harnessed, can be a Victor Radley-type enforcer capable of intimidating the opposition while inspiring his…

G7 criticises India’s decision to stop wheat exports

By AFP

Agriculture ministers from the Group of Seven industrialised nations on Saturday condemned India's decision to ban unapproved wheat exports after the country was hit by a punishing heatwave.

"If everyone starts to impose export restrictions or to close markets, that would worsen the crisis," German agriculture minister Cem Ozdemir said at a press conference in Stuttgart.

India on Saturday banned wheat exports without prior government approval after recent scorching temperatures hit production, in a blow to countries affected by supply shortages because of the war in Ukraine.

India, the world's second-largest wheat producer, said that factors including lower wheat production and sharply higher global prices because of the war meant that it was now worried about its own "food security".

All export deals agreed before the directive issued on Friday could still be honoured, but all future shipments needed to have government approval.

However, exports could also take place if New Delhi approved a request by other governments "to meet their food security needs."

The decision came as global agricultural markets were under severe stress due to Russia's invasion of Ukraine.

The traditional bread basket has seen shipments disrupted, with the Ukrainian agriculture minister travelling to Stuttgart for discussions with G7 colleagues on getting its produce out.

Some "20 million tonnes" of wheat were sitting in Ukrainian silos and "urgently" needed to be exported, Mr. Ozdemir said.

Before the invasion, Ukraine exported 4.5 million tonnes of agricultural produce per month through its ports — 12% of the planet's wheat, 15% of its corn and half of its sunflower oil.

But with the ports of Odessa, Chornomorsk and others cut off from the world by Russian warships, the supply can only travel on congested land routes that are much less efficient.

At this critical juncture, ministers of the G7 industrialised nations urged countries around the world not to take restrictive action that could pile further stress on the produce markets.

They "spoke out against export stops and call as well for markets to be kept open", said Mr. Ozdemir, whose country holds the rotating presidency of the group.

"We call on India to assume its responsibility as a G20 member," Mr. Ozdemir added.

The agriculture ministers would also "recommend" the topic be addressed at the G7 summit in Germany in June, which India's Prime Minister Narendra Modi has been invited to attend.

What is inkl?
The world’s most important news, from 100+ trusted global sources, in one place.
Morning Edition
Your daily
news overview

Morning Edition ensures you start your day well informed.

No paywalls, no clickbait, no ads
Enjoy beautiful reading

Content is only half the story. The world's best news experience is free from distraction: ad-free, clickbait-free, and beautifully designed.

Expert Curation
The news you need to know

Stories are ranked by proprietary algorithms based on importance and curated by real news journalists to ensure that you receive the most important stories as they break.

Dive Deeper:
‘If everyone starts…’: G7 criticises India decision to stop wheat exports
India on Saturday banned wheat exports without prior government approval after recent scorching temperatures hit production, in a blow to…
India prohibits export of wheat, onion seeds with immediate effect
TThe restriction on export of wheat comes as part of measures to control rising prices
What explains India’s U-turn on wheat exports
The Union commerce ministry was preparing to send delegations abroad to boost the country’s wheat exports, when the government abruptly…
Wheat prices hit record high as India restricts exports
The price, which was already high in the wake of Russia's invasion of major wheat exporter Ukraine, jumped to 435…
One subscription that gives you access to news from hundreds of sites
India bans wheat exports as food security comes under threat
India prohibited wheat exports that the world was counting on to alleviate supply constraints sparked by the war in Ukraine,…
Wheat soars in risk to food inflation as India restricts exports
Wheat jumped by the exchange limit after India's move to restrict exports, exposing just how tight global supplies are after…
Get all your news in one place