Indian rice stock in UAE dwindles
United Arab Emirates: Wednesday, July 09 - 2008 at 07:34
Some food traders believe the current supply of Indian non-basmati rice in the UAE will not last beyond 10 days, adding fuel to rumours of a black market in the country, reported Gulf News. India banned exports of non-basmati rice to the UAE in March because of rising inflation. The UAE has plans to secure more Thai rice imports later this year to meet domestic demand and is also planning to possibly buy farmland in countries like India and Sudan.
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Jeff Florian, Senior ReporterWednesday, July 09 - 2008 at 07:34 UAE local time (GMT+4)
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