Does the export ban of Indian rice really not affect Indonesia?

Published 2023년 8월 4일

Tridge summary

India's ban on rice exports is not expected to disrupt food stability in Indonesia, as the country does not heavily rely on rice imports from India. Indonesia imports rice from various countries including Vietnam, Pakistan, Thailand, and Burma. India's decision to ban rice exports is aimed at reducing the rate of increase in rice prices in their own country.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - Head of the National Food Agency (Bapanas) Arief Prasetyo Adi has been outspoken in stating that India's rice export ban will not disrupt food stability in the country. In fact, according to the International Food Policy Research Institute (IFPRI), India will supply 40% of rice to the global market in 2022/2023. Therefore, every action by India is acknowledged to trigger a domino effect. Arief said the government had assigned Bulog to fill in the government rice reserve stock (CBP) through imports with a quota of 2 million tons. According to him, the source of imports came from various countries, but not from India. "India's trade balance with Indonesia is a big loss. So these friends from India expect us to import one of them from India," he said, quoted Friday (4/8/2023). "So it was they themselves who asked the Indonesian government to balance or trade balance because our CPO exports are much larger," said Arief. Deputy for Food Availability and ...

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