Tightening Indian Restrictions Portend Tight Global Rice Supply

  • International
  • 23 August 2023
1

India, the world's largest rice exporter, is moving to tighten restrictions on its exports of the staple as it faces rising food prices, a move likely to further restrict global supply.

According to Bloomberg, the Indian government is considering imposing a tax on shipments of boiled rice. But it has not yet made any decision, and there is no certainty that discussions on this issue will lead to the implementation of these restrictions.

International reports by many food institutions and organizations show that India alone contributes about 40 percent of the global rice trade.

Source (Al-Arab Newspaper of London, Edited)

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