Myanmar importers interested in importing Indian rice can contact the embassy
The Indian government’s removal of rice export restrictions could lower prices in Myanmar, offering competitive alternatives. However, Myanmar’s own rice production may stabilize the market. The dynamics between local production and imports will determine how significantly this affects prices. It could also foster greater trade between India and Myanmar, benefiting both economies.
iGrain India – It sounds like this development is a significant opportunity for importers in Myanmar who are interested in sourcing rice from India.
With the Indian government removing export restrictions and duties on rice, particularly non-Basmati white rice, it could lead to more competitive pricing and greater availability of rice in the region.
The fact that Myanmar itself is a rice exporter is also interesting, as this might create an interesting dynamic for local businesses, potentially offering a wider variety of rice at better prices, or creating room for greater trade between the two countries.
If you or someone you know is interested, reaching out to the Indian Embassy in Yangon seems like the best route to get more specific details.
To read more about Rice News continue reading Agriinsite.com
Source : Investing.com
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