DECRYPTION – The Indian government aims to export 10 million tonnes. Several countries are in the running.
New Delhi
Tunisia, Lebanon, Egypt… While the invasion of Ukraine never ends and Russia bends under Western sanctions, the shortage of wheat threatens Africa and the Middle East, deprived of Russian and Ukrainian wheat . It is therefore not surprising that the Indian government has been approached for several days by countries seeking alternatives.
Read alsoSkyrocketing grain prices jeopardize food security
“India is about to reach an agreement to export wheat to Egypt. Talks are underway with Turkey, China, Bosnia, Sudan, Nigeria, Iran…”, the Commerce Department said in a March 19 statement. Tunisia, Lebanon, Israel, Morocco and South Africa would also be applicants.
A radical turnaround
The Indian government aims to export at least 10 million tons in the fiscal year 2022-2023, which starts on 1er April. A goal that goes far beyond the usual levels. The country had exported only 624,000 tons per year on average between 2016 and 2020. India is the second largest producer of…
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