Rice
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India is considering slashing floor price for basmati rice
INDIA – The government of India is likely to bring down the floor price, or minimum export price (MEP) for basmati rice, to US$950 per…
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Ugandan MPs probe URA’s failure to collect US$64M VAT on imported rice from EAC
UGANDA – Lawmakers in Uganda have raised concern over the failure of the Uganda Revenue Authority to collect Shs240.628Bn (US$64M) in Value Added Tax (VAT)…
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Côte d’Ivoire inks MOU with South Korea to boost rice sector
CÔTE D’IVOIRE – The Ivorian government has signed a Memorandum of Understanding (MOU) with South Korea to implement a US$10 million project in the rice sector…
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India maintains basmati rice floor price as grain-export curbs continue
INDIA- The Indian government has announced that it will maintain the floor price for basmati rice exports until further notice as the world’s biggest exporter…
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Egypt boosts strategic reserves with 250,000 tons of rice to tame the ongoing shortage crisis
EGYPT – Amid soaring food prices and ongoing inflation, Egypt’s Ministry of Supply and Internal Trade announced it has purchased 250,000 tons of rice to…