Krishi VaartaOutlook Agriculture
Central government tightens rice export rules
New Delhi: The central government has tightened the export rules of rice to European Union countries. To export rice to these countries, it will now be mandatory for exporters to obtain a certificate from the Export Inspection Agency or Export Inspection Council.
It is expected to have an impact on rice export transactions. According to the notification of the Directorate General of Foreign Trade (DGFT), exporters of European Union countries for basmati as well as non-basmati rice exports will have to get a certificate from the Export Inspection Agency or Export Inspection Council. This decision has come into force immediately. The government has made the inspection certificate mandatory due to the pesticides in the rice.
This decision will affect Basmati as well as non-basmati rice export deals. The total export of basmati rice to European Union countries is around three lakh tonnes. Basmati rice exports are not being traded to Iran, while Saudi Arabia is also getting limited exports. Basmati rice exports declined by 11.33 per cent during the first half of this financial year from April to September and the total exports stood at 18.70 lakh tonnes.
Source - Outlook Agriculture, 5 November 2019
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