India exempts Singapore from rice export ban due to ‘close strategic partnership’

India and Singapore enjoy a very close strategic partnership, characterized by shared interests, close economic ties and strong people to people connect

India and Singapore enjoy a very close strategic partnership, characterized by shared interests, close economic ties and strong people to people connect
India and Singapore enjoy a very close strategic partnership, characterized by shared interests, close economic ties and strong people to people connect

Despite the ban, India allows rice exports to Singapore to meet the food security requirements

India has agreed to exempt Singapore from its ban on rice exports owing to a “very close strategic partnership”, the External Affairs Ministry said.

“India and Singapore enjoy a very close strategic partnership, characterized by shared interests, close economic ties, and strong people-to-people connections. In view of this special relationship, India has decided to allow export of rice to meet the food security requirements of Singapore,” Ministry spokesperson Arindam Bagchi was quoted as saying in a communique issued late Tuesday night

Formal orders in this regard will be issued shortly, he added.

On July 20, India banned the export of non-basmati rice to prevent its rising prices and ensure availability in the domestic market.

However, with Singapore being a “close friend” of India, it has been seeking shipments of rice and exemption from the ban, which the Centre has now granted.

Meanwhile, India has also allowed traders to ship out their non-basmati white rice cargoes, which are stuck at ports due to the ban on exports, the DGFT said in an order issued late on Tuesday.

[With Inputs from IANS]

PGurus is now on Telegram. Click here to join our channel and stay updated with all the latest news and views

For all the latest updates, download PGurus App.

LEAVE A REPLY

Please enter your comment!
Please enter your name here