Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Rice ban export is regulation rather than restriction for food security: India to WTO's agri committ.


Date: 29-09-2023
Subject: Rice ban export is regulation rather than restriction for food security: India to WTO's agri committ
India has said that the export ban on rice is a regulation rather than a restriction and is crucial for securing the food security of 1.4 billion people, according to an official. This was stated by India in response to concerns raised by a group of countries including the US during a meeting of the WTO's Committee on Agriculture in Geneva on September 27.

The Geneva-based official said that in the meeting, India reiterated its commitment to ensure food security in importing countries by granting exemptions to those in need upon their governments' requests.

The Indian government has already allowed exports of non-basmati rice to Bhutan (79,000 tonnes), UAE (75,000 tonnes), Mauritius (14,000 tonnes) and Singapore (50,000 tonnes) through the National Cooperative Exports Ltd (NCEL).


On July 20 this year, India banned exports of non-basmati white rice to boost domestic supply and keep retail prices under check during the upcoming festive season.


"The Government of India has the commitment that in case of food insecure, vulnerable countries and neighbouring countries request, it will provide with the required quantity of rice or wheat," the government official said.


India has also argued that, in order to prevent private players from manipulating market conditions, advance notifications were not provided in the WTO.


Furthermore, these measures are temporary and are regularly reviewed to allow necessary adjustments based on domestic demand and supply situations.


A group of member countries of the World Trade Organisation (WTO) including the US has raised concerns about banning the export of non-basmati white rice by India, saying the decision may impact import-dependent nations, the Geneva-based trade official said.


The US has urged India to lift this export ban with immediate effect.


These countries have argued that such measures had a detrimental impact on nations which are heavily reliant on imports of these agri commodities, particularly during times of crisis, the official said.


The ongoing war between Russia and Ukraine, and this year's El Nino climate conditions are among the factors that have disrupted the foodgrain supply chain.


More than a dozen questions were raised by Japan, Australia, Brazil, Canada, the European Union, New Zealand, Switzerland, Thailand, the UK, and the US.


"They expressed concerns about the impact of India's export ban on the global food market, highlighting its significance as the world's largest rice exporter, accounting for over 40 per cent of global exports," the official added.


 Source Name : Economic Times

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 12-04-2024
NOTIFICATION No. 09/2024 – CENTRAL TAX
Seeks to extend the due date for filing of FORM GSTR-1, for the month of March 2024

Date: 10-04-2024
NOTIFICATION No. 08/2024- Central Tax
Seeks to extend the timeline for implementation of Notification No. 04/2024-CT dated 05.01.2024 from 1st April, 2024 to 15th May, 2024

Date: 08-04-2024
Notification No 07/2024 – Central Tax
Seeks to provide waiver of interest for specified registered persons for specified tax periods

Date: 04-04-2024
Notification No. 27/2024 - Customs (N.T.)
Exchange Rate Notification No. 27/2024-Cus (NT) dated 04.04.2024-reg

Date: 26-03-2024
Notification No. 24/2024 - Customs (N.T.)
Exchange Rate Notification No. 24/2024-Cus (NT) dated 26.03.2024-reg

Date: 14-03-2024
NOTIFICATION No. 17/2024-Customs
Seeks to amend notification No. 57/2017-Customs dated 30.06.2017 so as to modify BCD rates on certain smart wearable devices.

Date: 12-03-2024
NOTIFICATION No. 15/2024-Customs
Seeks to amend specific tariff items in Chapter 90 of the 1st schedule of Customs Tariff Act, 1975.

Date: 12-03-2024
NOTIFICATION No. 16/2024-Customs
Seeks to amend Notification No. 50/2017-Customs dated 30.06.2017 so as to change the applicable BCD rate on specified parts of medical X-ray machines.

Date: 07-03-2024
Notification No. 18/2024 - Customs (N.T.)
Exchange Rate Notification No. 18/2024-Cus (NT) dated 07.03.2024-reg

Date: 06-03-2024
Notification No. 13/2024-Customs
Seeks to amend notification No. 50/2017- Customs dated 30.06.2017, in order to reduce the BCD on imports of meat and edible offal, of ducks, frozen, subject to the prescribed conditions, with effect from 07.03.2024.



Exim Guru Copyright © 1999-2024 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001