India Increases Rice Export Restrictions | Food prices soar! Multiple countries ban rice exports
Автор: China Events
Загружено: 2023-08-27
Просмотров: 76
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The recent spike in international rice prices has sparked global concern. The Indian government's latest decision to impose a 20% tariff on steamed grain rice exports is effective immediately. In order to protect the domestic market supply, the Indian government had announced in July, in addition to the ban on steamed grain rice and Indian rice exports.
It is reported that India is the world's largest rice exporter, accounting for 40% of global exports, of which steamed grain rice accounted for India's total rice exports of nearly 1 / 3. About half of the world's population to rice as the staple food, soaring rice prices may exacerbate the global food inflationary pressures, and increase the expenditure of rice-importing countries.
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