Iran starts repaying basmati rice dues

Indian companies start receiving payments stalled since 2019 from Iran for basmati rice exports. Iran starts…

Iran Begins to Clear Basmati Rice Bills

At the dawn of the new year, Iran begins to clear the outstanding Basmati Rice bills…

Rice Exporters in India Expect Iran to Begin Basmati Rice Import by January 2021

India gets positive indication of resolution of payment against shipments. Rice exporters in India expect Iran…

Iran Starts Procuring From Pakistan as US Sanctions Disrupt Indian basmati Exports

Trade with Iran remains suspended as banks find it difficult to run payment mechanism. Meanwhile, Iran…

Basmati Rice Industry Facing Uncertainty as Iran Runs Out of US Dollars

Exports of Basmati rice to Iran falls as Iran struggles to make payments. Basmati rice industry…

India’s Exports to Iran Hit Severely due to US Sanctions

India's exports to Iran hit severely due to US sanctions. Exports fell from USD 13.52 billion…

Increase in Basmati Rice Prices Concerning: AIREA

AIREA cautioned rice millers and exporters on increase in basmati rice prices and over payment risks…