India: Cereals Export Ban Debate
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Lord Purvis of Tweed
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India: Cereals Export Ban
Lord Purvis of Tweed Excerpts(2 years, 7 months ago)
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Lord Grimstone of Boscobel (Con)
My Lords, we are indeed working with our G7 partners to bolster the global market and to secure the export of wheat and other grains from Ukraine through grain corridors. I am proud that over 50 WTO members have now supported us in committing to keeping food markets open, predictable and transparent.
Lord Purvis of Tweed (LD)
As we debated last night, the consequences of the war in Ukraine and the decisions of the Indian Government are felt not only here at home but in the lowest-income countries in the world. This is why the World Bank, the IMF and the World Food Programme, together, have put forward an overall package of support. The World Bank element of that is the International Development Association, from which, in February, unique among all donor countries, the UK cut its support by £1.5 billion—an astonishing 54% reduction. In the situation the world is now facing, why on earth did the Government do this?