India will export five lakh tonne of rice and wheat to Bangladesh despite ban on outward shipments of the food grains. “India will be exporting three lakh tonne of parboiled rice and two lakh tonne of wheat to Bangladesh…PSUs (state trading firms) have been directed to do so expeditiously,” commerce minister Anand Sharma revealed.
Bangladesh Commerce Minister, Muhammad Faruk Khan had said Bangladesh wants an agreement with India for import of wheat and rice every year.
There has been a ban on export of wheat and non-Basmati rice since October 2007 and April 2008, respectively, to ensure availability of the grain in the domestic market and check the price rise. But the ban has been relaxed from time-to-time on diplomatic grounds.
Sharma said India would be importing 1.7 million apparel pieces from Bangladesh without any duty during the October-December quarter.
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