Lanka Times published an article stating that when India placed a ban on wheat exports it became the latest country to do so with grain prices soaring this year in part because of the Russo-Ukrainian war. India is not alone. In addition to Russia and Ukraine, Egypt, Kazakhstan, Kosovo, and Serbia have also banned wheat exports. IFPRI researchers Joseph Glauber, David Laborde, and Abdullah Mamun write, “As the war continues, there is an increasing potential for food shortages, especially grains and vegetable oils, to become severe, causing more countries to turn to trade restrictions.” Republished in Street Register.
Countries ban food exports amid rising prices and inflation (Lanka Times)
May 18, 2022