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Al Jazeera
Al Jazeera
Business
Abid Hussain

Rice battle heats up as India, Pakistan lift export curbs

Pakistan India Al Jazeera REAP MEP
Pakistan is the world's fourth-largest rice exporter and has 35 percent share in Basmati rice export, second only to India [Akhtar Soomro/Reuters]

Islamabad, Pakistan – The global prices for different varieties of rice dropped on Monday after India and Pakistan made tit-for-tat moves to eliminate price caps and resume rice exports.

On Saturday, the Indian government lifted a ban on the export of non-Basmati white rice more than a year after it blocked overseas sales, with a larger crop yield in 2024 bolstering state warehouse reserves for domestic needs.

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