Only 70 Days’ Worth Wheat Left With World, Says UN; Quad Meet Likely To Include Discussion On India’s Wheat Export Ban

| Updated: May 23, 2022 9:17 am

The food crisis in the world is deepening following Russia’s attack on Ukraine – the so-called wheat basket for Europe. The United Nations has warned that the world has only 70 days’ worth of wheat left. For the first time since 2008, world wheat stocks are at such a low level. This type of crisis occurs only once in a generation.

The eyes of the world are now on the Quad countries meeting to be held in Japan, wherein the issue of the decision taken by India to ban the wheat exports is expected to be discussed.

All the countries in the world are worrisome after India imposed a ban on wheat exports. Under normal circumstances, Ukraine and Russia supply 25 percent of the world’s wheat and Western nations fear that Putin could use wheat as a weapon. These countries also fear that Putin is destroying agricultural equipment in Ukraine and smuggling wheat there. Which could disrupt the world’s wheat supply chain. On the other hand, bad weather has damaged wheat crops in the US and Europe.

At a time when the situation is worsening due to restrictions imposed on wheat exports by India, US President Biden is likely to request Indian Prime Minister Narendra Modi to think about the country’s decision to ban wheat exports at the quad meet.

The Quadrilateral Security Dialogue – The Quad is a strategic dialogue meeting between four countries namely, India, Japan, Australia and the United States. Prime Minister Narendra Modi has already left on Sunday for the two-day visit to Japan for the Quad meet.

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