Sunday, April 13, 2008

Lanka eyes countries other than India for importing rice

With ballooning inflation in India and the government banning export of non-basmati rice, Sri Lankan importers are now looking for other options to bridge the island country's demand-supply gap for the grain.

"Despite the positive developments regarding importing rice from India, our traders have been told by their Indian counterparts that they have not yet received the clearance for rice exports," the spokesman for a leading importing body said here.

The Sri Lankan government is now working to get one lakh metric tonnes of rice from Myanmar with 30,000 tonnes of the consignment expected to arrive here next month, Old Moor Street Traders Association, President, K Palaniandy, said.

Read more,
http://economictimes.indiatimes.com/News/International_Business/

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