DGFT permits some export of wheat products

The Directorate General of Foreign Trade has approved the export of some wheat-based goods, easing restrictions that have been in place for over three years, in anticipation of a strong harvest expected to boost domestic supplies. The world’s second-biggest producer of the grain greenlit the export of 500,000 tons of wheat flour and other related products such as semolina, according to a notification by the Directorate General of Foreign Trade (DGFT). So far, it’s a one-off quota, and measures barring wheat shipments are still in effect. India’s decision to restart some exports, which were halted in May 2022, coincides with the country’s trade talks with the US. The two sides are trying to ease tensions, with Washington pushing New Delhi to open up its agricultural sector and provide greater market access for American farm goods, as per a report.

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