On 20th July 2023, India banned exports of non-basmati rice in an attempt to calm the increasing domestic prices of the cereal. What does it mean for global countries which are already struggling with food crises since the Russia-Ukraine war? India is the world’s top rice exporter, accounting for some 40% of the global trade […]
Tag: India Rice Exports
Sri Lanka’s economic crisis is taking turns in ways that are pulling down the Sri Lanka economy way more than the authorities might have anticipated. Imports ban on over 360 items by the Sri Lankan government was indeed a significant step taken to safeguard the financial interests of exporters and investors. However, things are turning […]