EghtesadOnline: Close to 178,000 tons of rice worth more than $183.5 million were imported into Iran during the first two months of the current Iranian year (March 21-May 21), registering a 22.1% and 9.1% decline in weight and value respectively compared with the similar period of last year.
EghtesadOnline: The absence of a credible payment mechanism remains the major irritant in Iran-Pakistan trade.
EghtesadOnline: A 16-member delegation of Rice Exporters Association of Pakistan has left for Iran to explore trade and investment opportunities in general and enhance rice export to the neighboring country in particular.
EghtesadOnline: Iran is buying rice from Pakistan via Dubai despite a preferential trade agreement between Tehran and Islamabad which has been in place since 2006.
EghtesadOnline: Rice cultivation in the southern Khuzestan Province will be banned as of the upcoming crop year starting on March 21, the deputy head of Khuzestan Agricultural Jihad Organization said.
EghtesadOnline: The resumption of rice imports by Iran could give a fillip to India’s basmati shipments that have risen by about a fourth in rupee terms in the first eight months of the current fiscal year (started March 21, 2017), the Indian newspaper Hindu Business Line reported.
EghtesadOnline: The Ministry of Agriculture has allowed rice importers to register orders from Jan. 21 until June 21.
EghtesadOnline: At the request of Agriculture Minister Mahmoud Hojjati, the Islamic Republic of Iran Customs Administration has halted order registrations for rice imports on Sunday.
EghtesadOnline: The temporary ban on rice imports has been lifted from Nov. 22 up until July 22, 2018, as per a directive by the Ministry of Industries, Mining and Trade issued on Tuesday.
EghtesadOnline: Iran’s state grains buyer Government Trading Corporation has issued an international tender to buy 30,000 tons of rice to be sourced from India, European traders said on Wednesday.