India lifts ban on wheat export to Nepal

KATHMANDU: India has lifted the ban on export of wheat to Nepal. India on Thursday issued permission to export 50,000 tonnes of wheat. India had banned exports of wheat citing a risk to its food security, partly due to the war in Ukraine. Even after the ban, the import of wheat however continued in a clandestine way. Businesspersons and Nepali government appealed to the Indian government to lift the ban on export citing that wheat worth a huge price was being imported into Nepal in an illegal way. Following the request, the Foreign Trade General Directorate of India on Wednesday permitted the export of 50,000 tonnes of wheat till March 31, 2023. Nepal has been asked to provide details for the import. The traders in Nepal were forced to buy wheat in the black market as the price soared with its ban. The price had increased 30 to 40 per cent. READ ALSO:

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