India bans export of non-basmati white rice

In a statement made by the Indian Ministry of Consumer Affairs and Food, it was stated that the overseas sales of non-basmati white rice will be stopped immediately. "Domestic rice prices are on an increasing trend. Retail prices have increased by 11.5 percent in the last year." In the statement where the expression was used, it was emphasized that heavy rain damaged the crop in the country. In India, the world's largest rice exporter, non-basmati rice accounts for about 25 percent of total rice exports. Experts warned that this decision could increase global food prices. Non-basmati rice is usually exported to Asian and African countries. India's decision to reduce rice exports also had an echo on the Vietnamese side. "India's step to reduce rice exports will affect the global rice ...