-
India approved the export of 295,000 metric tons of non-basmati white rice to the Philippines
-
In a notification dated October 18, the India Ministry of Commerce and Industry approved the export allocation for the Philippines, along with Nepal, Cameroon, Côte d’Ivoire, Malaysia, Seychelles, and the Republic of Guinea
-
The Philippines’ allocation is the highest among the seven countries
India’s Ministry of Commerce and Industry approved the export of 295,000 metric tons of non-basmati white rice to the Philippines in a notification dated October 18.
The decision also includes export allocations for Nepal, Cameroon, Côte d’Ivoire, Malaysia, Seychelles, and the Republic of Guinea.
The Indian Embassy in Manila said the Philippines received the highest rice export allocation, noting this as a positive decision in response to leadership-level requests, which “reflects growing confidence in the (India-Philippines) bilateral relationship.”
The Philippines’ allocation surpasses those of Cameroon (190,000 MT), Malaysia (170,000 MT), Côte d’Ivoire (142,000 MT), the Republic of Guinea (142,000 MT), Nepal (95,000 MT), and Seychelles (800 MT).
India, the world’s largest rice exporter, implemented a ban on non-basmati white rice exports in July, aimed at stabilizing domestic prices and mitigating risks associated with the El Nino weather pattern, which can lead to droughts and reduced crop yields or failures.
Last August, the Philippine Department of Agriculture engaged in discussions with India to facilitate rice exports to the Philippines “on humanitarian grounds” to augment supply and help lower prices.
RELATED READ: Marcos officially lifts rice price ceiling
