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From The Tribune

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IREF initiative cuts Basmati freight costs to Iraq by 74%, aims to boost Middle East trade worth Rs 34,284 crore

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The Indian Rice Exporters' Federation (IREF) has launched a bulk-shipping initiative that aims to reduce freight costs for Basmati rice exports to Iraq by nearly 74 per cent, from USD 350 to USD 90 per tonne, in a move expected to strengthen India's competitiveness in the Middle East market, where…

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