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of <h1>India Changes Wheat Export Policy to 'Prohibited' with Exceptions for ICLC and Food Security Needs.</h1> The Government of India has amended the export policy for wheat, changing its status from 'Free' to 'Prohibited' effective immediately. However, exports are permitted under specific conditions: shipments with an Irrevocable Letter of Credit (ICLC) issued on or before May 13, 2022, and registered with the Directorate General of Foreign Trade (DGFT), or exports approved by the Indian government to fulfill food security needs of other countries. Regional Authorities are instructed to issue Registration of Contracts to eligible exporters within 24 hours. Humanitarian exports require specific approval from competent authorities.
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