New Delhi is reportedly looking to process and resell Russian wheat in an effort to boost its own exports
India is considering resuming purchases of Russian wheat with the aim of processing and re-exporting it, the TASS news agency reported on Tuesday, citing a source close to the country’s Agriculture Ministry. This is reportedly seen as a way for India to increase its own exports.
New Delhi previously bought wheat from Ukraine, Russia, and Australia but has currently stopped importing grain, according to the source. The decision to halt the purchases was said to have nothing to do with the ongoing military conflict.
“Starting from 2018, India launched a state program on boosting national exports and sharply limited agricultural imports in order to support domestic producers,” the source told the outlet, adding that since then his country had completely stopped imports of wheat and yellow peas.
