How serious an impact will reduced rice supplies have on the Arab world following India’s export ban? (Also) the increase in rice prices will be for a short term. I think India has taken the right decision.”For now, anecdotal evidence suggests few consumers in Arab countries are concerned about the impact of India’s export ban. The UAE imports almost 90 percent of its food, making it especially vulnerable to fluctuations in global prices. Other countries that are likely to feel the squeeze of India’s export ban are African importers such as Benin.

Source: Libya Today August 01, 2023 09:46 UTC