NewsWorldIndia, the world's second largest producer of wheat, has...

India, the world’s second largest producer of wheat, has banned its exports. Due to rising prices TVNOVINY.sk – TVNOVINY.sk

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India has banned wheat exports from the country. The reason is its rising price due to Russia’s long war against Ukraine, CNN reports. The Director-General for Foreign Trade of India has issued a statement banning the export of wheat with immediate effect. Exceptions are irrevocable orders or exports to countries for which wheat is vital. India is the world’s second largest producer of wheat, most of which is consumed on the domestic market. Ukraine and Russia account for 14% of global production, but its exports from the Black Sea region have fallen sharply since Russia invaded Ukraine in late February.

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