India is set to ease its rice export ban as global supplies recover, benefiting South African consumers facing rising prices.
The Indian government, which previously imposed restrictions to ensure domestic supply and control inflation, is now considering lifting these curbs due to a favorable crop outlook and cooling international prices. This decision is expected to enhance rice availability in South Africa, where the demand for affordable rice options has surged amid ongoing economic challenges.
Citations:
[1] https://www.businesstoday.in/india/story/centre-likely-to-ease-export-curbs-on-rice-with-international-prices-set-to-cool-444066-2024-09-02
[2] https://www.scmp.com/week-asia/economics/article/3277016/india-rice-traders-want-easing-export-curbs-competition-pakistan-stiffens
[3] https://www.bloomberg.com/news/articles/2024-07-08/india-mulls-easing-rice-export-limits-in-boon-to-world-buyers
[4] https://www.ntu.edu.sg/cas/news-events/news/details/india-eases-rice-export-ban-on-four-african-nations
[5] https://www.channelnewsasia.com/east-asia/taiwan-ease-import-restrictions-japanese-food-4635496
[6] https://www.japantimes.co.jp/news/2024/09/26/japan/taiwan-japan-import-ban-lift/
[7] https://english.kyodonews.net/news/2024/09/fc92b4c46a74-update1-taiwan-lifts-fukushima-related-restrictions-on-japanese-food-imports.html
[8] https://www3.nhk.or.jp/nhkworld/en/news/20240925_29/