Business
India exempts Singapore from rice export ban due to 'close strategic partnership'
New Delhi, August 30
India has agreed to exempt Singapore from its ban on rice exports owing to “very close strategic partnershipâ€, the External Affairs Ministry said.
"India and Singapore enjoy a very close strategic partnership, characterised by shared interests, close economic ties and strong people to people connect. 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 had banned 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.
3 hours ago
AAPI Honors Three Trailblazing Physicians at the 44th Annual Convention in Tampa
3 hours ago
Former US Security Adviser warns Trump policies driving allies away
3 hours ago
Nikki Haley rules out bid for US senate seat
3 hours ago
Oil prices surge three per cent amid escalating US-Iran tensions
3 hours ago
Netanyahu backs Iran talks, eyes end to US aid
3 hours ago
US launches fresh strikes on Iran
3 hours ago
Ro Khanna says armed settlers in Israel's West Bank detained him
3 hours ago
Trump mourns ‘unique’ ally Lindsey Graham
3 hours ago
Netanyahu's remarks on India reveal a structural shift and signal defence ties: Report
3 hours ago
US bases in Jordan, Qatar, Oman hit, says IRGC
3 hours ago
US Senator and key Trump ally Lindsey Graham dies
3 hours ago
Govt mulls common standards for messaging platforms after WhatsApp username row
3 hours ago
Centre, Meghalaya to host two-day national conference on NextGen administrative reforms from July 13
