Rice Import Ban Lifted to Compensate Decline in Domestic Output

A total of 86,367 tons of rice worth $78.14 million were imported into Iran from the beginning of the current fiscal year on March 21 to July 6, marking a 70% decline in both weight and value compared with the similar period of last year, according to the deputy head of the Islamic Republic of Iran Customs Administration, Mehrdad Jamal Orounaqi.
The seasonal ban imposed on rice imports has been lifted in the current Iranian year as per the decision of the Market Regulation Headquarters, affiliated with the Ministry of Industries, Mining and Trade.
The headquarters agreed to go forth with the decision after taking into account this year’s estimated domestic production, imports and matters involved in local market regulation, Mehr News Agency reported recently.
The Market Regulation Headquarters has announced that the measure will be taken to ensure the country’s demand for the staple grain is met.