Facing rice shortage, Saudi seeks India's help
Reeling under shortage of rice, Saudi Arabia has approached India to discuss issues relating to its supply, including possible lifting of restrictions on exports to the Kingdom.
By PTI |
DUBAI: Reeling under shortage of rice, Saudi Arabia, one of the world's top rice buyers, has approached India to discuss issues relating to its supply, including possible lifting of restrictions on exports to the Kingdom.
The Council of Saudi Chambers of Commerce and Industry is in touch with Indian officials on the issue of rice imports, Rajeev Shahare, deputy chief of the Indian embassy in Riyadh, said.
The whole issue of Indian rice exports to Saudi Arabia was discussed during the visit of Montek Singh Ahluwalia, deputy chairman of Planning Commission, to the Kingdom early this month, said Shahare, adding that there was no export ban on high-quality Indian basmati rice.
India, the world's second-biggest rice exporter and a main supplier to the Gulf region, banned all non-basmati rice shipments in March.
Shahare said India had been exporting 500,000 to 600,000 tons of rice, mainly basmati, to Saudi Arabia annually.
Last year Saudi Arabia imported a total of 960,000 tons of rice, making it the world's sixth biggest rice importer.
Around 70 per cent of the Kingdom's rice imports were basmati rice, mainly from India, while Thai rice accounted for 10 per cent.
The Kingdom and the UAE are now securing more rice from Thailand to meet growing domestic demand, news reports said.
The Council of Saudi Chambers of Commerce and Industry is in touch with Indian officials on the issue of rice imports, Rajeev Shahare, deputy chief of the Indian embassy in Riyadh, said.
The whole issue of Indian rice exports to Saudi Arabia was discussed during the visit of Montek Singh Ahluwalia, deputy chairman of Planning Commission, to the Kingdom early this month, said Shahare, adding that there was no export ban on high-quality Indian basmati rice.
India, the world's second-biggest rice exporter and a main supplier to the Gulf region, banned all non-basmati rice shipments in March.
Shahare said India had been exporting 500,000 to 600,000 tons of rice, mainly basmati, to Saudi Arabia annually.
Last year Saudi Arabia imported a total of 960,000 tons of rice, making it the world's sixth biggest rice importer.
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Around 70 per cent of the Kingdom's rice imports were basmati rice, mainly from India, while Thai rice accounted for 10 per cent.
The Kingdom and the UAE are now securing more rice from Thailand to meet growing domestic demand, news reports said.
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