Stranded trucks of rice start for Bangladesh today

Trucks of rice stranded for days on the other side of the border with India will start for Bangladesh Wednesday, easing fears among people of a further rise in prices, an Indian business leader said. India has attached one condition: $500 in minimum price per tonne. According to officials, Bangladesh businessmen opened L/Cs for more than two lakh tonnes of rice before India slapped restrictions on export of non-basmati varieties through private channels, effective from Feb 7. The ban left stranded hundreds of trucks carrying 90,000 tonnes of rice on the other side of Benapole border, en route to Bangladesh. In an interview with BBC Radio, Tapan Chattapaddhay, director general of the Federation of Indian Export Organisations, said that the shipments with $500 in minimum prices per tonne would start moving into Bangladesh Wednesday.
—bdnews24.com