Summary:
New Delhi: China has started importing Indian rice after a gap of two years and placed orders for shipment of about 5,000 tonnes of non-basmati rice due to competitive prices offered by India compared to other nations, according to the All India Rice Exporters Association (AIREA).
India is the world`s major exporter of rice, while China is the biggest importer.
In 2006, China was given market access for Indian rice but shipments took place only during the 2017-18 fiscal.
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New Delhi: China has started importing Indian rice after a gap of two years and placed orders for shipment of about 5,000 tonnes of non-basmati rice due to competitive prices offered by India compared to other nations, according to the All India Rice Exporters Association (AIREA).
India is the world`s major exporter of rice, while China is the biggest importer.
In 2006, China was given market access for Indian rice but shipments took place only during the 2017-18 fiscal.
China buying rice from India comes at a time of heightened border tensions between the two nations.
"Although market access was given in 2006, China imported about 974 tonnes of non-basmati rice in 2017-18 fiscal.
Now after a gap of two years, we have started receiving enquiries.," AIREA Executive Director Vinod Kaul told PTI.
Less than 150 tonnes of basmati rice has been exported till October of the 2020-21 fiscal.