IMF chief urges India to reconsider ban on wheat exports
Wheat
India
Published May 26, 2022
Original content
International Monetary Fund head Kristalina Georgieva urged India to reconsider its wheat export ban, saying the country can play a key role in international food security and global stability. “I am really aware of the fact that India needs to feed almost 1.35 billion people and I am really aware of the heat wave that has reduced agricultural productivity, but I would ask India to reconsider its decision as soon as possible, because as more countries impose export restrictions the more tempted others will be to do so, and we will end up as a global community less prepared to deal with the crisis," she told NDTV at the World Economic Forum in Davos. Georgieva noted that India's wheat exports "could have a significant impact, especially if the exports go to the countries most affected, such as Egypt or Lebanon, where we see not only the risk of famine, but also the risk of social unrest and the impact on global stability." In mid-May, the Indian Ministry of Commerce and Industry, ...
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