G20 Leaders oppose export bans as India’s rice restrictions send shockwaves

India's rice export restrictions and concerns about El Nino have had a disruptive impact on global rice markets, causing a 20% surge in Thailand's rice prices. The G20 leaders at the summit in New Delhi expressed their opposition to export bans that distort markets and called for the uninterrupted delivery of grains, food, and fertilizers from Russia and Ukraine to meet the needs of developing countries. AMIS, an inter-agency initiative, reported improved prospects for global soybean and maize production despite dry conditions in some regions. The leaders also emphasized the strengthening of global agricultural monitoring.

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Frequently Asked Questions

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A: According to a joint statement from the United States and India, India had plans to procure General Atomics MQ-9B HALE UAVs. Source

Q: When did India lift its rice export ban?

A: India lifted its rice export ban in 2011. Source

Q: What was the outcome of the temporary halt in the conviction of India's opposition leader?

A: India's top court temporarily halted the criminal defamation conviction of opposition leader Rahul Gandhi for mocking the prime minister. Source

Q: How did India's disruption of the global rice market affect food security?

A: India's partial rice export ban posed a new threat to food security and caused a decline in the global rice market. Source

Q: What is the stance of G20 leaders on export bans?

A: G20 leaders oppose export bans, including India's rice restrictions, as it sends shockwaves through the logistics industry. Source