A large number of European countries have imposed regulatory measures for ensuring food security, said Commerce and Industry Minister Piyush Goyal on Wednesday. Speaking at the World Economic Forum in Davos, Mr. Goyal defended the May 13 decision to prohibit wheat export and said the move was aimed at ensuring price stability and to help vulnerable countries and communities.
"Today, 22 countries of Europe have regulations on exports to protect their food security. Different countries in different points in time had to take extraordinary measures in public interest," said Mr. Goyal in defence of India's prohibition on wheat exports.
Answering questions in an interactive session, the Minister said there was a lot of misinformation going around about India's decision and said he had clarified the matter with the top representatives of the WTO and the IMF
