How India’s ban on some rice exports is ricocheting around the world | Business and Economy News
Written by Black Hot Fire Network on August 18, 2023
Last month, three days after Russia pulled out of the Black Sea grain deal, India imposed a ban on July 20 on the export of non-basmati white rice. The move followed a ban on the export of broken rice, which was announced in September last year and is still in place.
India’s reasons were domestic — rising food prices, high inflation and fear of rice shortage due to El Nino disruptions as the country heads . . .
