India set to export rice to the Philippines after reduction of import duty to 35%

India set to export rice to the Philippines after reduction of import duty to 35%

India’s rice exporters are gearing up to ship the grain to the Philippines from next month as the Southeast Asian nation has reduced the import duty on rice being shipped from India to 35% from 50%. Philippines is the second-largest importer of the commodity in the world. “We will be exporting non-basmati rice to the … Read more