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US Hopes India Would "Reconsider" Its Decision To Restrict Wheat Exports

US Hopes India Would "Reconsider" Its Decision To Restrict Wheat Exports

NDTV
Tuesday, May 17, 2022 05:48:11 AM UTC

India, the world's second-biggest wheat producer, has banned wheat exports in a bid to check high domestic prices amid concerns of wheat output being hit by scorching heat waves.

The US hopes India will "reconsider" its decision to ban wheat exports, with Washington "encouraging" countries not to restrict exports as that will exacerbate food shortages, amidst Russia's invasion of Ukraine.

India, the world's second-biggest wheat producer, has banned wheat exports in a bid to check high domestic prices amid concerns of wheat output being hit by scorching heat waves.

The decision would help control retail prices of wheat and wheat flour, which have risen by an average 14-20 per cent in the last one year, besides meeting the foodgrain requirement of neighbouring and vulnerable countries.

US Ambassador to the UN Linda Thomas-Greenfield, during a virtual New York Foreign Press Center briefing on Monday, said: "We have seen the report of India's decision. We're encouraging countries not to restrict exports because we think any restrictions on exports will exacerbate the food shortages".

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