Egypt has extended the ban on rice exports to ensure there is no shortage of supply, Trade Minister Mahmoud Eisa said on Thursday, adding that it was not clear yet when the ban in place since 2008 would be lifted. The ban has been extended several times and was due for review in October. Analysts said the government was wary of any move that might hurt domestic supply or prices, stoking public frustration after an uprising that toppled Hosni Mubarak. Eisa said during the Reuters Middle East Investment Summit in Cairo that his ministry had been asked to extend the ban by Social Solidarity Minister Gouda Abdel Khaleq, responsible for internal trade, food subsidies and other related issues.
2011-10-28
Global News: Egypt extends ban on rice exports: minister
(News resource: Reuters, Oct. 27, 2011)
Egypt has extended the ban on rice exports to ensure there is no shortage of supply, Trade Minister Mahmoud Eisa said on Thursday, adding that it was not clear yet when the ban in place since 2008 would be lifted. The ban has been extended several times and was due for review in October. Analysts said the government was wary of any move that might hurt domestic supply or prices, stoking public frustration after an uprising that toppled Hosni Mubarak. Eisa said during the Reuters Middle East Investment Summit in Cairo that his ministry had been asked to extend the ban by Social Solidarity Minister Gouda Abdel Khaleq, responsible for internal trade, food subsidies and other related issues.
Egypt has extended the ban on rice exports to ensure there is no shortage of supply, Trade Minister Mahmoud Eisa said on Thursday, adding that it was not clear yet when the ban in place since 2008 would be lifted. The ban has been extended several times and was due for review in October. Analysts said the government was wary of any move that might hurt domestic supply or prices, stoking public frustration after an uprising that toppled Hosni Mubarak. Eisa said during the Reuters Middle East Investment Summit in Cairo that his ministry had been asked to extend the ban by Social Solidarity Minister Gouda Abdel Khaleq, responsible for internal trade, food subsidies and other related issues.
