Commodity News- Iran ends seasonal rice import ban
Iran has ended its seasonal ban on rice imports, allowing importers to register their orders, Iranian news agencies reported on Sunday.
Deputy Agriculture Minister Ali Akbar Mehrfard announced the end of the annual ban in a letter dated Nov. 28, the ISNA semi-official news agency reported. Other agencies carried similar reports.
The government usually imposes the ban for a few months each year to support local prices and help Iranian growers during the harvest season.
Iran consumes 3 million tonnes of rice a year. About one million tonnes is imported, mainly from India and Pakistan.
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