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.

28 seconds ago
Lower GST rates to boost hospitality, transport and cultural sectors

1 minute ago
Link between vascular disease, dementia risk overlooked: Study

2 minutes ago
'Namo Yuva Run': Tejasvi Surya, Milind Soman push for drug-free, fit India

3 minutes ago
Clean Plant Programme to strengthen India’s horticulture, empower farmers

4 minutes ago
Bangladesh: 12 people die of dengue, raises death toll in 2025 to 179

6 minutes ago
GST 2.0 to make healthcare more affordable, accessible: Experts

7 minutes ago
Premier League: Martinelli strikes late to help Arsenal salvage a point against Man City

8 minutes ago
Ponting backs Konstas to retain opening slot in Tests for Australia in the Ashes

9 minutes ago
Afridi faded out a bit, he should take month-long break: Danish Kaneria

10 minutes ago
Fritz beats Zverev to clinch Laver Cup for Team World

11 minutes ago
La Liga: Barca move to second after easy win; Atletico drops more points

11 minutes ago
Asia Cup: Abhishek Sharma stars with 74 as India clinch six-wicket win over Pakistan

12 minutes ago
Ponting backs Konstas to retain opening slot in Tests for Australia in the Ashes