EU sets Dec 31 deadline to adhere to new Basmati import norms.

European Union has given time to India till December 31 to meet the bloc new norms on importing Basmati rice. The new norms set by European Commission bring down the maximum residue limit (MRL) level for Tricyclazole (a fungicide) in Basmati rice to 0.01 mg per kg from next year. The norms are applicable on all rice-exporting countries.