Markets and trade
 

Detail

Area
Bangladesh
Commodity Group
Rice
Commodity
All
Date
30/05/2019
Policy Category
Trade
Policy Instrument
Export ban
Description
Issued statements to the press indicating a decision to allow up to 1.5 million tonnes of rice exports, rescinding the ban on non-aromatic exports that had been in place since May 2008. Furthermore, to encourage sales abroad and mitigate falls in paddy prices, it would consider extending a 20–30 percent incentive for rice exports.