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Sunday, May 15, 2022

Ban decision chokes wheat export pipeline

The government has said that it will allow those exports to carry on, which have letter of credit (LC) issued before May 13. However, exporters said hardly 10% of the wheat exports take place through LCs, which means, that a large quantity of wheat contracted by traders cannot go overseas.

from Economy-News-Economic Times https://ift.tt/i9Obj5L
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