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- Thread starter k1976
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India makes exemption to rice export ban for Singapore
ByRezaul H LaskarAug 30, 2023 04:48 AM IST
India imposed export ban on July 20 to mitigate cereal inflation amidst fears of price pressures due to floods and torrential rains.
New Delhi: India on Tuesday announced an exemption to a month-old ban on export of non-basmati white rice to supply the commodity to Singapore in view of the special relationship between the two countries.The export ban had been imposed on July 20 by India, the world’s top exporter of rice, to cool cereal inflation in the wake of fears of price pressures due to floods and torrential rains in nearly two-thirds of the country.
However, the official notification regarding the ban said it could be waived in case of friendly countries making requests for rice for domestic consumption needs. Announcing the exemption, external affairs ministry spokesperson Arindam Bagchi said the decision was prompted by the “very close strategic partnership” between India and Singapore.
He said, “In view of this special relationship, India has decided to allow export of rice to meet the food security requirements of Singapore. Formal orders in this regard will be issued shortly.”
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