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HomeBusinessIndia defends decision to ban rice and wheat exports at WTO: The...

India defends decision to ban rice and wheat exports at WTO: The Tribune IndiaNews WAALI

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PTI

New Delhi, September 22nd

India has defended its decision to ban wheat and rice exports at a WTO meeting, although some member countries have expressed concerns about the country’s stance, an official said.

At a meeting in Geneva last week, Senegal, the US and the European Union questioned the decision, saying it could have a negative impact on global markets.

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In May, India restricted wheat exports to improve domestic availability. This month it also banned the export of broken rice and imposed a 20 percent export tariff on non-Basmati rice, excluding parboiled rice, to boost domestic supplies amid a decline in rice acreage in the current kharif season.

India defended its decision, clarifying that the export ban on broken rice, which is used in poultry feed, was due to a surge in grain exports in recent months that has put pressure on the domestic market.

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For wheat, food security concerns necessitated export restrictions.

“India has also stated that the measures are temporary in nature and will be constantly monitored,” the official said.

Senegal, a major importer of India’s broken rice and other rice products, has urged India to keep trade open during these trying times to ensure food supplies, the official added.

At the meeting, Thailand, Australia, Uruguay, the US, Australia, Canada, Brazil, New Zealand, Paraguay and Japan requested consultations with India on the use of the peace clause to protect its food programs from trade disputes.

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