Commerce and Industry Minister Piyush Goyal will meet different export promotion councils on October 7 to discuss ways to promote the growth rate in the country's outbound shipments, an official said. The meeting assumes significance as India's exports contracted by 3.52 per cent to USD 32.62 billion in September against USD 33.81 billion in the same month last year, while the trade deficit widened to USD 26.72 billion during the last month.

 

Representatives from export bodies, including the Federation of Indian Export Organisations, Apparel Export Promotion Council and Council for Leather Exports, would participate in the meeting, the official said.

 

According to an export council, issues which would figure in the meeting include export credit refinance facility, increase in interest subsidy rates, removal of GST (Goods and Services Tax) on exports freight, exports benefits for rupee shipments to Russia and other countries, and removal of exports duty on some products.

 

Exporters have urged the government to continue with the GST exemption on export freight.

 

'This is a serious issue for us. We are already facing global headwinds and high inflationary pressure. The GST exemption is more crucial in the current scenario as container rates are already very high,' an exporter said, adding that airfreight is already very high in comparison to sea freight.

 

The exemption from GST on export freight was introduced in 2018. It ended on September 30. It was extended twice. Exporters now have to pay 18 per cent GST on export ocean freight for which they can claim a refund.

Algeria’s state grains agency OAIC has started purchasing milling wheat in an international tender on Thursday, European traders said in early assessments.

 

The tender was held on an optional-origin basis but reported prices suggested Russian wheat was likely to be supplied, traders said.

 

Some cited a range of $369-$372 a tonne, cost and freight (c&f) included, for prices paid by OAIC while others reported a higher range at $373-$375 a tonne c&f.

 

The volume initially bought was unclear but was thought to be relatively small, traders added.

 

More detailed assessments are expected later.

 

Algeria, one of the world’s largest wheat importers, does not release results of its tenders and results are based on estimates by traders.

 

The wheat is sought for shipment in two periods from the main supply regions including Europe: Nov. 1-15 and Nov. 16-30.

 

If sourced from South America or Australia, shipment is one month earlier.

 

Algeria is usually the largest export market for European Union wheat, with France the main EU supplier.

 

Russian wheat had been expected to provide competition in the latest tender due to attractive prices for what is expected to be a record Russian harvest.

 

However, heightened tensions this week surrounding Moscow’s seven-month-old war with Ukraine have revived uncertainty about Black Sea grain trade.

 

News on Thursday that sanctions-hit VTB Bank VTBR.MM has urged President Vladimir Putin to curb the activities of Western grain traders in Russia, in a letter seen by Reuters, added to caution about sourcing supplies from Russia, traders added.

Today was the 59th Foundation Day of Jawaharlal Nehru Agricultural University, Jabalpur, which was held online. The Chief Guest, Union Minister of Agriculture and Farmers Welfare, Narendra Singh Tomar, stated on the occasion that if Madhya Pradesh has emerged as one of the leading states in agriculture today, it is due to the role of Agricultural Universities, Krishi Vigyan Kendras, and the Indian Council of Agricultural Research.

 

Tomar stated that the Jabalpur Agricultural University is known throughout the country as an Institute of Excellence, which is a source of pride for the state's agricultural workers. Since its inception in 1964, this university has made significant contributions to the advancement and improvement of the state's agricultural sector.

 

Madhya Pradesh has received the prestigious Krishi Karman Award in agriculture on multiple occasions, for which the state should be commended. Greeting all those associated with the University on its Foundation Day, Tomar stated that the opening of the Girls Hostel on this occasion marks a new milestone in the University's illustrious history.

 

In describing the importance of Indian agriculture, Tomar stated that even during the Covid crisis, when all other sectors had come to a halt around the world, all farming activities, including sowing and harvesting, were carried out in our fields, and with the bumper yield, the government set up more procurement centres and increased transportation, all while strictly adhering to the Covid protocol's two yards distance norm. Later, with the planting of next summer crops, record yields were achieved. Even in difficult times, the agriculture sector's GDP rate remained very positive, for which our farmers and agricultural scientists deserve credit.

 

Tomar stated that agricultural mechanisation should be increased and that more farmers should join the new 10,000 FPOs being established, for which the Central Government is spending Rs 6,865 crore. Small farmers who take advantage of mechanisation, use technology, shift to more profitable crops, and use government facilities such as processing will undoubtedly see higher returns on their produce.

 

According to Tomar, our challenge has multiplied in the age of climate change. Despite the availability of adequate resources, farmers must rely on nature. In this regard, Prime Minister Narendra Modi has provided farmers with a safety net in the form of the Pradhan Mantri Fasal Bima Yojana. During the last six years, farmers have received compensation totaling Rs. 1.22 lakh crore for crop losses. In light of the changing climate, research should be conducted to determine which methods farmers should use, which processes and crops are climate-tolerant, and which crops can sustain our production and productivity.

 

He stated that education is critical in the agricultural sector. The new National Education Policy has made an attempt to incorporate agricultural education.

 

Special guests included Madhya Pradesh Agriculture Minister Shri Kamal Patel and Dr. D.K. Yadav, Assistant Director General (Seeds), Indian Council of Agricultural Research. The function was presided over by Dr. Pradeep Kumar Bisen, Vice Chancellor of Jawaharlal Nehru Agricultural University.

External Affairs Minister, Dr S Jaishankar to visit New Zealand and Australia from October 05-11, 2022. This will be EAM's first visit to New Zealand.

 

In Auckland, EAM will participate in an event on October 6 along with Prime Minister of New Zealand, Jacinda Ardern, to felicitate members of the Indian community in New Zealand for their exceptional achievements and contributions, read a press release of the Ministry of External Affairs.

 

Both leaders will release India@75 postage stamps to commemorate and showcase Azadi Ka Amrit Mahotsavin New Zealand.

 

Jaishankar will also launch the book 'Modi@20: Dreams Meet Delivery'. Also, a book showcasing Prime Minister Narendra Modi's special bond with the Sikh community 'Heartfelt - The Legacy of Faith' will be released.

 

He will have a bilateral meeting with Nanaia Mahuta, Minister of Foreign Affairs of New Zealand in Auckland to discuss and review the entire gamut of our relations, added the release.

 

Jaishankar will also interact with several Ministers, including Priyanca Radhakrishnan, Minister for the Community & Voluntary Sector, Diversity, Inclusion and Ethnic Communities, and Youth, who is the first person of Indian origin to become a Minister in New Zealand, Parliamentarians, members of the business community as well as Indian diaspora, including Indian students.

 

In Wellington, he will inaugurate the newly constructed building of the High Commission of India.

 

The leadership of both countries have shown significant interest in raising all aspects of the relationship to the next level. This is reflected in a series of high-level bilateral visits and meetings.

 

Ardern and PM Modi had a bilateral meeting in New York on the sidelines of UNGA on September 25, 2019, during which they discussed steps to intensify political, economic, defence, security and people-to-people relations.

 

Recently, the 4th Foreign Ministry Consultations between India and NZ were held in New Delhi on June 23 2022. Saurabh Kumar, Secretary (East) led the Indian delegation while the New Zealand side was led by Mark Sinclair, Deputy Secretary, Americas and Asia Group, Ministry of Foreign Affairs and Trade.

 

Reviewing the existing warm and friendly bilateral relations, including trade and investment, defence and security, people-to-people ties, counter-terrorism, cyber security, and disarmament, both sides expressed keenness to further enhance engagement and deepen ties in various areas.

 

On February 10, 2022, Jammu and Kashmir Government signed a Memorandum of Cooperation (MoC) with New Zealand G2G for revamping the sheep farming sector in the Union Territory.

 

In Australia, Jaishankar will be visiting Canberra and Sydney. It will be EAM's second visit to Australia this year, the first was in February 2022 to attend the Quad Foreign Ministers' Meeting in Melbourne, said the release.

 

EAM will be holding the 13th Foreign Ministers' Framework Dialogue (FMFD) along with his counterpart Penny Wong. He will also be meeting Australian Deputy Prime Minister and Defence Minister, Richard Marles, said the release.

 

He will also have interactions with the Australian Navy, the media and think tanks, including the Lowy Institute in Sydney.

 

Recently, India signed a historic trade agreement with Australia, the India-Australia Economic Cooperation and Trade Agreement (Ind- Aus ECTA).

 

It is a Free Trade Agreement (FTA) that India has signed with a major developed country in over a decade.

 

The Agreement encompasses cooperation across the entire range of bilateral economic and commercial relations between the two countries.

 

Strong Australia-India economic ties will also pave the way for a stronger Indo-Pacific economic architecture, that's not just based on flows of physical goods, money and people, but on the basis of building capacity-led connections, complementarities, sustainable commitments and mutual dependence across countries and sub-regions.

The United Nations Conference on Trade and Development (UNCTAD) expects India’s economy to grow 5.7% in 2022 and 4.7% in 2023. India’s gross domestic product (GDP) grew 8.7% in FY22.

 

In its annual Trade and Development Report 2022 released on Monday, it said that world economy is expected to grow 2.6% in 2022 which is 0.9 percentage points below the rate projected in last year’s report.

 

It cautioned that prospects appear to be worsening, with growth expected to decelerate further next year to 2.2%, leaving real GDP below its pre-Covid-19 trend by the end of 2023.

 

 

'India, the largest economy of the region, economic activity is being hampered by higher financing costs and weaker public expenditures, resulting in a deceleration in GDP growth to 5.7% in 2022,' UNCTAD said.

 

The Geneva-based body said that going forward, the government has announced plans to increase capital expenditure, especially in the rail and road sector but in a weakening global economy, policymakers will be under pressure to reduce fiscal imbalances, and this may lead to falling expenditures elsewhere.

 

'Under these conditions, economic growth is expected to drop by one percentage point to 4.7% in 2023,' it said.

 

While the Asian region has exhibited relatively dynamic growth rates over the last decade, it’s by no means immune to these deteriorating global conditions, according to UNCTAD.

 

Inflation, interest rates

 

The Trade and Development Report 2022 warned that rapid interest rate increases and fiscal tightening in advanced economies combined with the cascading crises resulting from the Covid pandemic and the war in Ukraine have already turned a global slowdown into a downturn with the desired soft landing looking unlikely.

 

'Monetary and fiscal policy moves in advanced economies risk pushing the world towards global recession and prolonged stagnation, inflicting worse damage than the financial crisis in 2008 and the Covid-19 shock in 2020,' it said.

 

In a decade of ultra-low interest rates, central banks consistently fell short of inflation targets and failed to generate healthier economic growth. Any belief that they will be able to bring down prices by relying on higher interest rates without generating a recession is, the report suggests, an imprudent gamble.

 

At a time of falling real wages, fiscal tightening, financial turbulence and insufficient multilateral support and coordination, excessive monetary tightening could usher in a period of stagnation and economic instability for many developing countries and some developed ones, UNCTAD said.

With the onset of the festive season that may surge food grain demand across the nation, the government on Sunday assured of sufficient food grain stock available in the country. Denying any food inflation, it asserted that the prices of wheat, atta, and rice are under control.

 

The Ministry of Consumer Affairs, Food, and Public Distribution said the centre constantly monitors inflation and also takes proactive measures to control it.

 

Days ago, the government also extended the Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) till December 2022 to provide safety cover to the poor section of the country. It is worth mentioning, that the scheme helped people in getting access to food during the COVID pandemic. The extension of the scheme will ensure that the people do not suffer during the festival season this year.

 

The Ministry has reported that there has been a fall in retail and wholesale prices wheat and rice. However, price of flour remained stable last week.

 

According to the Ministry, the centre is prepared to deal with any kind of price rise of wheat and rice. In such cases the government is also ready to take steps like export ban in case of surge in demand of wheat and rice in the nation.

 

From past two to three years, there has been fewer incidents of shoot in price of rice and wheat, as the government has increased the Minimum Support Price (MSP) from last few years. During the previous fiscal year, the centre introduced an open market sale scheme to curb the rising prices. Under the scheme, around 80 lakh metric tonnes of food grains were offloaded in the open market.

 

In another attempt to curb rising food price, government imposed ban on rice export last month.As India is one of the largest rice exporters of the world, this decision also impacted the global supply chain. The decision was taken due to the delay in planting and deficit rainfall that hit the production. With a significant impact of uneven rainfall, centre can impose more such curbs on rice exports in the coming future.

With incumbent Jair Bolsonaro and former president Lula Da Silva set to contest a second round vote, Brazil’s ambassador to India Andre Aranha de Lago spoke about major challenges confronting the Latin American nation including a dwindling demographic dividend. He said Brazil and India have no geopolitical issues and that makes the two countries ideal partners, be it in the case of food or energy security.

 

Lago said that global commoditisation of ethanol can happen on similar lines as that of crude oil, if both India and Brazil are involved, and added that the former is capable of producing agricultural products that can meet the needs of India’s growing middle class. Lago spoke of close energy ties between India and his country, and highlighted the recently signed long-term oil supply contract between Indian Oil Corp. Ltd. and Petroleo Brasileiro SA (Petrobras).

 

What are the major challenges in front of Brazil?

 

If you ask this to the candidates, they will all say it is poverty, education etc. But I believe, Brazil is already very advanced in various areas. And the great challenge is to do the necessary adjustments to make it work better. For instance, we have an amazing structure for healthcare but the service is not so good. So, it’s not from zero. You just have to know how to adjust education, probably by having enough school and teachers. We are not at the stage where we don’t have enough schools, roads, hospitals etc. We have but they are not working as well as they should.

 

I think the great challenge is to fix the challenge of the middle income. Brazil has a great threat in front of it, its demographic bonus is going to finish quite soon. Economists diverge on when it is going to happen. It could happen in less than 5 years. Most countries develop while they have the demographic bonus. This is what China did. This is one thing that is interesting about India. Your demographic bonus ends by 2056 and India aims to be a developed country by 2047. So, India will be a developed country, 10 years before it ends its demographic bonus. This is something that China did not have.

 

Indian Oil Corp. and Brazil’s Petroleo Brasileiro SA (Petrobras) recently signed a long-term oil contract. From an energy security standpoint, where do you see the relationship between India and Brazil?

 

The two countries have always considered the physical distance as something of an obstacle to closer ties. In fact, when you see key issues like food and energy which are so alive at this moment, you realise how important it is to have a partner with whom you have zero geopolitical issues. Brazil is very far away but the distance ensures that it is the best possible partner because there is no interference. Most people and even experts have not registered that Brazil is an important player in oil. Today, we are the seventh largest producer and seventh largest exporter of oil and we will be the fifth largest producer and exporter soon. However, India is one of the first countries to accept the idea that Brazil is a major player in oil. Since Brazil is a new player in this industry, it is important that we have as close a relationship as possible with India, which is a major consumer nation.

 

When you look at the relationship between the two nations, energy is everywhere. The largest Indian investor in Brazil is Sterlite which has invested in electrical transmission. The largest Brazilian factory in India belongs to WEG and it produces wind turbines in India. Ethanol is also a major element in our relationship. Since India has an ethanol blending target of 20% by 2025, Brazil and India are working very closely. Brazil has had more than 20% ethanol mix for more than 40 years. Brazil also has a lot of experience in manufacturing flex-fuel cars and India is now also moving in that direction. These are the most sustainable cars in the world and even more than electric vehicles. With flex fuel cars also don’t need India to revamp its public infrastructure which is the case with electronic vehicles.

 

What are the next steps happening on the energy front, especially with ethanol?

 

I believe the 20% target for ethanol blending by 2025 already creates a large market for ethanol in India. Further, India is already one of the largest producers of cars in the world. The next step is an in-depth exchange of knowledge and experiences on both sides. If both India and Brazil involve themselves in this ethanol project, then we might see the commoditisation of ethanol globally. Because India and Brazil are such important markets, it will convince other countries to be a part of this market.

 

There was a target for $15 billion in bilateral trade by 2022. Are India and Brazil on track to meet that target?

 

I think yes. Trade has gone up and I believe that the $15 billion target is doable. This is not only because of oil but also because Brazil is capable of producing agricultural products that can meet the needs of India’s growing middle class. A few years ago, we didn’t export any apples to India and now this country is the largest export market for Brazilian apples. As India’s middle class grows and demands more, Brazil will be a natural partner because we have the ability to increase production.

 

India has a preferential trade agreement with MERCOSUR (Mercado Común del Sur) or Southern Common Market. How is that functioning and the challenges in your view?

 

It is a very limited trade agreement and there is a very short list of products. MERCOSUR and India are both extremely important agricultural producers, so agriculture was always a delicate issue. At this moment, both MERCOSUR and India are open to have a much more ambitious agreement. I believe that it is time to start thinking of the free trade agreement between MERCOSUR and India. When Minister Jaishankar went to Brazil, most of his statements were related to expanding the list of products in the preferential agreement. However, I believe that politically, both sides are ready for something more ambitious. However, India is currently engaged in some very ambitious negotiations and there is a limit to the number of negotiators it has. The same is true of the Brazilian side.

 

Could you tell us which industries are driving growth in economic activity between the two countries?

 

Apart from oil, this growth has been driven by the sale of products for which India has opened up exceptionally. This would include soy oil where there is a crisis in supply. Similarly, the war in Ukraine has triggered problems with the supply of sunflower oil. India then started to look for alternatives and it lowered its duties on some specific products. This helped improve trade volumes but I think that countries like India and Brazil, which are huge economies with no geopolitical issues, should plan investments more strategically.

 

Some Brazilian firms like Taurus Armas and aviation giant Embraer are looking to break into the Indian defence market. How have those firms fared?

 

While India and Brazil have traditionally been underestimated, firms like Embraer have now become household names. Embraer is the third largest manufacturer of aircraft in the world. If India is the largest market for aircraft in the world, then Embraer will naturally look to India. For example, India’s Ministry of Civil Aviation wants to look at planes for regional connectivity so it can offer more flights. These programmes fit Embraer’s capabilities well and it already sells planes to a regional airline called Star Air. They are also in talks with other Indian airlines.

 

On defence, Brazilian producers understand that India would like to have as much manufactured locally as possible. This is because it is exactly our way of thinking too. I believe there are many opportunities for joint ventures in defence and we have an MoU to stimulate the defence investments that is on the verge of being signed.

The BRICS countries are exploring establishing a new reserve currency to better serve their economic interests, according to senior Russian diplomat and BRICS points person Pavel Knyazev. It will be based on a basket of the currencies of the five-nation bloc, ET has learnt.

 

'The possibility and prospects of setting up a common single currency based on a basket of currencies of the BRICS countries is being discussed,' Knyazev, Russian Sou Sherpa on BRICS said during a discussion at Valdai Club in Moscow last week. Valdai is closely associated with President Vladimir Putin.

 

During the 14th BRICS Summit in June, Russian President Vladimir Putin announced that Brazil, Russia, India, China, and South Africa plan to issue a 'new global reserve currency.' 'We are ready to openly work with all fair partners,' he had then stated.

 

According to analysts, the BRICS reserve currency is meant to rival the US dollar and the IMF's Special Drawing Rights (SDRs) currency.

 

According to Knyazev member states are 'actively studying mechanisms' to exchange financial information to develop a reliable alternative for international payments.

 

BRICS plans to build a joint financial infrastructure that will enable a reserve currency to be created to reduce reliance on the dollar and euro, according to persons familiar with the development. BRICS has been boosting intra BRICS economic ties, with trade turnover steadily growing despite restrictions brought on by the pandemic and the conflict in Ukraine.

The World Economic Forum (WEF) is bringing together a network called ‘Food Innovation Hubs, to strengthen local innovation ecosystems and achieve self-sufficiency in food production through private-public partnerships (PPP).

 

The hubs are coming up in Columbia, Vietnam, the United Arab Emirates and the European Union, while efforts are on to set up in Kenya and Rwanda, said Jaskiran Warrik, Lead, Food Innovation Hub India, WEF.

 

The food innovation hubs are multi-stakeholder, neutral partnership platforms that will leverage the role of technology and broader innovations in support of a transformation agenda that leads to more inclusive, efficient, sustainable, nutritious, and healthy food systems.

 

Promoting innovations

'In India, the current focus for the hub is on Madhya Pradesh. We have signed a collaboration agreement with the Madhya Pradesh government on agricultural development. The State is keen on promoting innovations in alignment with its agenda targeting AtmaNirbharata,' said Warrik said in online interaction.

 

Jaskiran Warrik, Lead, Food Innovation Hub India, WEF

The Food Innovation Hub in India aspires to enable a mechanism that can strengthen local innovation ecosystems and address needs across the food value chains using technology and innovation, she said.

 

 

The innovation hubs depend on one another for knowledge exchange with a Global Coordinating Secretariat in Holland ensuring that every hub is functioning as per global objectives, besides acting as a stimulant, she said.

 

As one of the first Hubs to be set up, all eyes are on India. There is no direct funding from the WEF for initiating projects under the hub, but it works closely with the government and private sector to meet its goals. In this, it enables PPPs by roping in agtech companies and linking them with government agencies such as Krishi Vigyan Kendras or agriculture departments and other like-minded partners.

 

Proof of concept

'These agtech firms work to create a proof of concept with the government. We always try to build a solid case in this before moving forward,' Warrik said.

 

Various agtech firms can be part of a project providing a variety of cutting-edge solutions — from pledge financing through fintech modalities to using spectrometers to perform quality assaying, or even using remote sensing to providing advisories and facilitating efficient crop insurance. Besides agtech firms, not-for-profit companies are also involved to enhance the reach and credibility of digital innovations at the last mile.

 

One reason why Madhya Pradesh was chosen for initiating the hub’s work was that it was open to exploring opportunities transparently and collaboratively. 'The State set aside different department officials and looked for convergence with government programmes. It was ‘fertile’ ground to work,' Warrik said.

 

The Food Innovation Hubs will focus on digital agriculture, which is receiving a lot of attention these days, but also on innovations in regenerative farming and agro-ecological solutions. It will look at several modern and traditional models to address climate resilience besides looking at upcoming innovations in carbon offsets, which if implemented well can prove critical to providing financial incentives to the farmers to grow more sustainably.

 

Carbon credit

'The carbon credit market is becoming big globally and India can benefit with a well thought out execution plan. There are firms which are already in India and others that want to come and start business operations that aim to pass on the benefits of protecting ecosystem services to farmers,' the WEF India Food Innovation Hub official said.

 

Other innovations that are on the horizon include the usage of targeted soil and crop management through drones and spraying of bio-chemicals on fresh produce that may enhance shelf life and thus arrest food loss, both of which are conducive to the environment and support nutrition and health in the long term, she said.

 

The initiative aims to facilitate pilot projects to validate and test innovations, particularly by agtech companies, and support them in achieving scale and amplification in the future, Warrik said.

 

The Madhya Pradesh government has taken up several initiatives on food and agriculture and all are fed into a bigger strategy. 'The implementing models have been initiated in Madhya Pradesh and Telangana (through Saagu Bagu). Madhya Pradesh has received the title of Most Improved Big State in Agriculture at the State of States Conclave in 2021 for the fourth year in a row. It is a frontrunner and is keen on proving the concept and taking innovations forward,' the WEF official said.

 

Philanthropic funds

In India, philanthropic funds are also coming forward to take part in these projects. 'These funds are looking to unlock the PPPs by providing initial funding, particularly in achieving proof of concepts. Philanthropic partners are an integral part of initiating and accelerating ecosystem transformation,' Warrik said.

 

Once India’s Food Innovation Hub builds a solid case, WEF would look at extending its work to Odisha, Bihar, Uttar Pradesh, and Meghalaya, she said.

After its successful launch at AAHAR, 'Pure Flour from Europe', the campaign managed by ITALMOPA - the Italian Association of Millers – and co-funded by the European Commission to promote exports of soft wheat flour in India and to raise awareness of their high quality was in Mumbai at Annapoorna - Anufood, an international trade show.

 

The Pure Flour from Europe campaign will span for another two years and will include other consumer and trade events with product demonstrations led by chefs featuring such well-loved Italian foods as pizza, pasta, pastries and breads. There will also be an educational tour of millers of organic flours and semolina in Italy as well as study visits dedicated to importers, distributors and chefs.

 

Emilio Ferrari, president, ITALMOPA, said, 'We see a great opportunity in India to increase the export of soft wheat flours from Italy. More than ever before, home cooks and chefs are demanding premium ingredients that are healthy, nutritious and safe. The flour from our member companies deliver on all these attributes and elevates the quality of almost all culinary creations.'

 

Italy is the main EU exporting country of wheat flour in India. The campaign, called 'Pure Flour from Europe', aims to raise awareness of the versatility, high- quality, unadulterated and safe flour. The superior quality and uniqueness of soft wheat flour from Europe and from Italy is perfect for food professionals and chefs, home cooks, and opinion leaders alike. Classic European and Italian recipes as well as local specialties all are at their best when made with 'Pure Flour from Europe'.

 

Italy’s flours ensure food safety and high quality, with an excellent worldwide reputation. Eaten almost daily, in a variety of basic foods, flour provides a low-fat source of nutrients like vitamins, minerals, dietary fibre and vegetable protein, contributing to a balanced diet.

 

Quality evaluations and safety checks begin with the arrival of the wheat, and continue to the distribution of the flour, controlled and recorded by a computerized traceability system. EU milling has a very stringent body of regulations, carrying out thousands of tests and cross-checks by independent, accredited laboratories. In addition, this process is simple and clean, constantly seeking to improve sustainability by saving energy, reducing air emissions and using by-products.