India has decided to resume wheat exports to Bangladesh and four other nations following requests from the governments of the respective countries.
The country has received requests for wheat from at least five countries – Bangladesh, Indonesia, Oman, the United Arab Emirates, and Yemen, reports Indian media quoting government official on Monday.
Earlier on 13 May, India restricted exports of wheat due to rising global prices.
However, the South Asian country kept the possibility open for supplies on G2G basis for neighbouring countries and others that may face a threat to food security.
"Following the ban, India has received inquiries from Indonesia, Oman, the United Arab Emirates, Bangladesh and Yemen. The government is evaluating their wheat needs and the supply of wheat with us," the government official said.
As per official data, Bangladesh imported $1.8 billion worth of wheat from Russia and $610.80 million from Ukraine by 2020.
According to India's Directorate-General for Commercial Intelligence and Statistics (DGCIS), India exported wheat worth about $1 billion to Bangladesh by 2021-22.