India, the world’s largest rice exporter, disrupted global rice markets by banning white rice exports in July 2023, before placing an export tax on parboiled rice exports in August 2023.
On September 5, 2023, and just in time for the G20 New Delhi Leaders’ Summit, India’s Ministry of Finance issued Notification No. 53/2023 (Customs), officially notifying the lifting of retaliatory tariffs imposed in 2019 on U.S.-origin almonds, apples, chickpeas, lentils, and walnuts effective September 6, 2023.
On August 25, 2023, India’s Ministry of Finance issued Notification No. 49/2023 (Customs), notifying with immediate effect that the Indian government is imposing a 20 percent export duty on parboiled non-basmati rice (PNB), harmonized tariff system (HS) code 1006.30.10.
On August 21, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) published the Food Safety and Standards (Alcoholic Beverages) First Amendment Regulations 2023 in the Gazette of India (Notification No. STD/SP-21/T(Alcohol-4).