rice - page 2

EghtesadOnline: As per the decision of Market Regulation Headquarters on June 4, customs duties on rice imports have decreased from 25% to 10%, Fars News Agency reported.

EghtesadOnline: The Cabinet has amended the regulation based on which rice cultivation was to be restricted to the two northern provinces of Gilan and Mazandaran.

EghtesadOnline: As much as 500,000 tons of imported rice have piled up at customs terminals due to complications associated with the provision of foreign currency from the export earnings of non-oil products (petrochemicals, steels and minerals) traded through the so-called secondary FX market, known by its Persian name Nima, the head of Rice Importers Association said.

EghtesadOnline: A total of 106,000 tons of imported rice have undergone customs clearance since the beginning of the current Iranian year (March 20), according to the spokesman of the Islamic Republic of Iran Customs Administration.

EghtesadOnline: The Agriculture Ministry has temporarily lifted restrictions on rice cultivation in the country after it had announced plans to gradually limit and ultimately ban the production of this staple crop in all provinces, except the provinces of Gilan and Mazandaran, amid fears of drought.

EghtesadOnline: A total of 197,474 tons of essential goods, including wheat, rice and livestock feed, were transported from the southeastern port of Chabahar to the mainland from Feb. 20 to April 3 by 7,586 trucks, an official with Sistan-Baluchestan Department of Road Maintenance and Transportation said.

EghtesadOnline: Iran is expected to achieve self-sufficiency in rice production in the current fiscal year (ending March 2020).

EghtesadOnline: Rice production has exceeded 2.6 million tons this year, showing a rise of 13-18% compared with last year’s output, according to the secretary of Iran Rice Association.

EghtesadOnline: India's payment system with Iran is being relaxed further for basmati rice exports. This comes after the US allowed India to continue importing crude oil from Iran and develop Chabahar Port.