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Ban imposed on export of rice until next July

Update : 22 Jun 2014, 10:08 PM

The government has imposed a ban on exporting rice, excepting some aromatic varieties, for the next financial year.

A gazette notification issued by the Commerce Ministry on Thursday said the government had made the decision to ensure supply and control price hikes in the local market.

The ban is effective from July 1 to June 30, 2015, said the notification signed by Deputy Secretary Saidur Rahman Selim.

However, export of aromatic varieties, including Kalojira, Chinigura, Chiniatop, Kataribhog, Madanbhog, Radhunipagal, Banshphul, Khorma, BR 5 (Dulabhog) and BR 34, 37, 38 and 50, will be allowed with prior permission from the ministry.

In 2008, the caretaker government first banned exporting rice in the wake of price increases at home and abroad. The ban was lifted in June 2012. 

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