https://sputniknews.in/20230830/india-to-allow-rice-export-to-singapore-in-view-of-special-ties-3928041.html
India to Allow Rice Export To Singapore in View of Special Ties
India to Allow Rice Export To Singapore in View of Special Ties
Sputnik India
India, the world’s top exporter of rice, on July 20 announced an export ban on the non-basmati variants of rice. The announcement came in the wake of a price rise on the domestic market.
2023-08-30T14:26+0530
2023-08-30T14:26+0530
2023-08-30T14:26+0530
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india
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singapore
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ministry of external affairs (mea)
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rice export ban
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New Delhi has announced that it will make an exception by supplying non-basmati white rice to Singapore because of the special relationship between the two countries.The Ministry of External Affairs (MEA) spokesman Arindam Bagchi said the decision was prompted by the “very close strategic partnership” between India and Singapore.On Tuesday night, the federal Ministry of Commerce and Industry issued a formal notification on the matter.India accounts for over 40 percent of global rice exports. This move is bound to trigger inflation in a market that has already been hit by Western nations' sanctions on Russia and by the erratic weather patterns across the globe.
https://sputniknews.in/20230819/indias-rice-export-ban-strengthens-homegrown-food-security-3671648.html
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Deexa Khanduri
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india to allow rice export to singapore in view of special ties, india's rice export to singapore, india's rice export ban, india's rice export, how much does india export rice, why is india not exporting rice, who is the world's largest exporter of rice, is rice export from india profitable
India to Allow Rice Export To Singapore in View of Special Ties
Deexa Khanduri
Sputnik correspondent
India, the world’s top exporter of rice, on July 20 announced an export ban on the non-basmati variants of rice. The announcement came in the wake of a price rise on the domestic market.
New Delhi has announced that it will make an exception by supplying non-basmati white rice to Singapore because of the special relationship between the two countries.
The Ministry of External Affairs (MEA) spokesman
Arindam Bagchi said the decision was prompted by the “very close strategic partnership” between India and Singapore.
On Tuesday night, the federal Ministry of Commerce and Industry issued a formal notification on the matter.
India accounts for over 40 percent of
global rice exports. This move is bound to trigger inflation in a market that has already been
hit by Western nations' sanctions on Russia and by the erratic weather patterns across the globe.
