Bangladesh bans aromatic rice export

The commerce ministry has imposed restrictions on the export of aromatic rice to rein in prices of the special quality of cereal in the local market of Bangladesh.

The ministry took the decision recently in a response to a letter of the food ministry, which had urged to stop the export of aromatic rice since the prices of the rice variety were spiralling as well.

It also sent a letter to the National Board of Revenue to this connection June 29.

The export ban came into effect immediately, the ministry said in a circular.

The ministry also cancelled the permission granted to 41 companies to export the rice.