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UAE temporarily suspends rice export

Dubai: The UAE government has temporarily suspended exporting and re-exporting rice from the country. The Ministry of Economy announced this.

According to Ministerial Resolution No. (120) of 2023, the  suspension will remain in place for a period of four months. The decision was taken to ensure sufficient rice supply in the local markets. The decision includes banning the export and re-export of rice that had been imported from India after July 20, 2023. This applies to all rice varieties, including brown rice, fully or partially milled rice.

Also Read: Union government prohibits export of de-oiled rice bran 

Companies wishing to export or re-export rice must submit a request to the ministry of economy to obtain an export permit outside the country. UAE imports 90% of its food.

Earlier the Indian government had banned exports of non-basmati white and broken rice. Yesterday, the Indian government also banned the exports of deoiled rice bran until November 30. India accounts for more than 40% of world rice exports.

 

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