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UAE suspends export of wheat imported from India for 4 months

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New Delhi: Wheat or wheat flour imported into the United Arab Emirates (UAE) from India cannot be exported to other countries, the Gulf country’s government has announced.

This decree means that wheat coming from India can only be used for domestic consumption in the country.

Last month, India had banned export of wheat due to rising food inflation, allowing for certain exceptions. These included buyers who had already been issued letters of credit and to countries who needed it to meet their own food security needs.

The UAE Ministry of Economy, in a statement, said that the decision had been taken “in view of the international developments that have affected trade flows, and in appreciation of the solid and strategic relations that bind the UAE and India, especially after the signing of the Comprehensive Economic Partnership Agreement between the two countries and the Indian government’s approval to export wheat to the UAE for domestic consumption”.

 

 

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