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Basmati exporters fear slowdown in shipment, delayed payments
Financial Express Hyderabad
|June 14, 2025
RICE EXPORTERS TO Iran, one of the biggest destinations for Basmati rice, fear a slowdown in shipments and payment delays following the escalation of Israel-Iran conflict.
Iran has been among the largest importers of the aromatic long-grain rice for several years, along with Saudi Arabia, Iraq and United Arab Emirates.
"Its a complex process to get payments for basmati rice exports to Iran," a leading exporter of rice from Haryana said. Sources said importers in Iran are currently settling payments using traders' accounts based in Dubai and other channels.
Dit verhaal komt uit de June 14, 2025-editie van Financial Express Hyderabad.
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