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Indian basmati rice exports to Iran likely to start from April 2015

Sai Nikesh | The Dollar Business The Indian exporters of basmati rice may expect good days ahead in the upcoming financial year that is going to start from April 2015. According to latest reports, the Government of Iran is likely to restart importing of India’s basmati rice in the new financial year, opening its doors for India after a temporary stoppage since October 2014. This supposed move by the Government of Iran was eagerly awaited by Indian exporters’ associations like Federation of Indian Exporters Organisation (FIEO), Agricultural and Processed Food Products Export Development Authority (APEDA), among others. Even though the Indian import permits had to face brief break since October 2014, Iran continued to execute existing and past orders ...