Rice export banned for six months

Last updated: May 21, 2009

Dhaka, Bangladesh (BBN) – The government on Thursday imposed a ban on export of all kinds of rice for six months aiming to increase the supply of essential to domestic markets, officials said.

“The ban has been imposed to keep rice prices stable and to increase rice supply to domestic markets,” The commerce ministry said a statutory regulatory order (SRO), issued on the day. “Export of all kinds of rice is banned for six months from Thursday.”

Such a ban was imposed for six months earlier in two phases each and the deadline of the ban on rice export expired on May 6, 2009, according to reports.

BBN/SS/SI/AD-22May09-3:13 am (BST)

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram