India and EU discuss rice exports issue.

India is in talks with the EU voicing the concerns of Indian rice exporters on the tightening of regulations on the usage of pesticide in Basmati rice that will impact exports to the region. The European Commission has revised the maximum residue limit (MRL) and brought down the level of fungicide Tricyclazole to 0.01 mg per kg in basmati rice starting next year. All India Rice Exporters’ Association (AIREA) has said that stricter norms by the European Commission will badly impact the rice exports from India as trade worth more than Rs.1,700 crore could be shifted to Pakistan.