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LATEST NEWS UPDATES | At UN Food Security Minister Meet, India Defends Wheat Export Ban

At UN Food Security Minister Meet, India Defends Wheat Export Ban

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published Published on May 19, 2022   modified Modified on May 19, 2022

-TheWire.in

India asserted that inequitable distribution of COVID-19 vaccines was a cautionary precedent for not walking a similar path in global foodgrain shortage.

New Delhi: India on Wednesday defended the ban on wheat exports as necessary to address “unjustified” food prices and asserted that inequitable distribution of COVID-19 vaccines was a cautionary precedent for not walking a similar path in global foodgrain shortage

Speaking at the US-led Food Security Ministerial meeting at UN headquarters in New York, Indian minister of state for external affairs V. Muraleedharan said that countries “like India, who have adequate stocks, have seen an unjustified increase in food prices”.

“It is clear that hoarding and speculation is at work. We cannot allow this to pass unchallenged,” he stated.

The Indian minister stated that New Delhi had “recognised the sudden spike in global prices of wheat which put our food security and those of our neighbours and other vulnerable countries at risk”.

He explicitly justified India’s wheat export ban as not just a move to stop price rise in India, but also to meet demand in neighbouring countries.

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TheWire.in, 19 May, 2022, https://thewire.in/diplomacy/at-un-food-security-minister-meet-india-defends-wheat-export-ban


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