India's rice export restrictions and BIMSTEC countries: Implications and recommendations

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) brings together five South Asian countries (Bangladesh, Bhutan, India, Nepal, and Sri Lanka) and two Southeast Asian countries (Myanmar and Thailand). Recent events have raised global concerns on food securi...

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Autores principales: Kamar, Abul, Roy, Devesh, Pradhan, Mamata, Saroj, Sunil
Formato: Brief
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2023
Materias:
Acceso en línea:https://hdl.handle.net/10568/140168
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author Kamar, Abul
Roy, Devesh
Pradhan, Mamata
Saroj, Sunil
author_browse Kamar, Abul
Pradhan, Mamata
Roy, Devesh
Saroj, Sunil
author_facet Kamar, Abul
Roy, Devesh
Pradhan, Mamata
Saroj, Sunil
author_sort Kamar, Abul
collection Repository of Agricultural Research Outputs (CGSpace)
description The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) brings together five South Asian countries (Bangladesh, Bhutan, India, Nepal, and Sri Lanka) and two Southeast Asian countries (Myanmar and Thailand). Recent events have raised global concerns on food security, including for BIMSTEC countries; these events include Russia’s withdrawal from the Black Sea Grain Initiative with Ukraine, India’s prohibition on the export of non-basmati white rice, and its 20 percent export duty on parboiled rice. This policy note spells out the likely impact of one of these events, that is, India’s restrictions on rice exports to its fellow BIMSTEC nations. Trade moves food from surplus to deficit regions and hence is crucial for maintaining a stable food supply. Historically, the global supply of cereals has been stable (Bradford et al. 2022); this implies that trade (or the lack of it) can be directly mapped onto area-specific food insecurity. At the same time, shocks leading to trade disruption can pose serious challenges, particularly for countries with high import penetration in food.
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spelling CGSpace1401682025-11-06T07:40:31Z India's rice export restrictions and BIMSTEC countries: Implications and recommendations Kamar, Abul Roy, Devesh Pradhan, Mamata Saroj, Sunil imports exports cereals rice trade barriers trade food security shocks The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) brings together five South Asian countries (Bangladesh, Bhutan, India, Nepal, and Sri Lanka) and two Southeast Asian countries (Myanmar and Thailand). Recent events have raised global concerns on food security, including for BIMSTEC countries; these events include Russia’s withdrawal from the Black Sea Grain Initiative with Ukraine, India’s prohibition on the export of non-basmati white rice, and its 20 percent export duty on parboiled rice. This policy note spells out the likely impact of one of these events, that is, India’s restrictions on rice exports to its fellow BIMSTEC nations. Trade moves food from surplus to deficit regions and hence is crucial for maintaining a stable food supply. Historically, the global supply of cereals has been stable (Bradford et al. 2022); this implies that trade (or the lack of it) can be directly mapped onto area-specific food insecurity. At the same time, shocks leading to trade disruption can pose serious challenges, particularly for countries with high import penetration in food. 2023-09-15 2024-03-14T12:09:01Z 2024-03-14T12:09:01Z Brief https://hdl.handle.net/10568/140168 en Open Access application/pdf International Food Policy Research Institute Kamar, Abul; Roy, Devesh; Pradhan, Mamata; and Saroj, Sunil. 2023. India's rice export restrictions and BIMSTEC countries: Implications and recommendations. Policy Note September 2023. Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.136875.
spellingShingle imports
exports
cereals
rice
trade barriers
trade
food security
shocks
Kamar, Abul
Roy, Devesh
Pradhan, Mamata
Saroj, Sunil
India's rice export restrictions and BIMSTEC countries: Implications and recommendations
title India's rice export restrictions and BIMSTEC countries: Implications and recommendations
title_full India's rice export restrictions and BIMSTEC countries: Implications and recommendations
title_fullStr India's rice export restrictions and BIMSTEC countries: Implications and recommendations
title_full_unstemmed India's rice export restrictions and BIMSTEC countries: Implications and recommendations
title_short India's rice export restrictions and BIMSTEC countries: Implications and recommendations
title_sort india s rice export restrictions and bimstec countries implications and recommendations
topic imports
exports
cereals
rice
trade barriers
trade
food security
shocks
url https://hdl.handle.net/10568/140168
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