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The government has approved the import of 110,000 metric tonnes of fertiliser from Belarus, Morocco and Saudi Arabia to meet the country’s agricultural needs.
The imports include 30,000 tonnes of muriate of potash (MOP), 40,000 tonnes of diammonium phosphate (DAP) and 40,000 tonnes of urea.
The proposals were approved at a meeting of the Cabinet Committee on Government Purchase held at the Bangladesh Secretariat on Wednesday, chaired by Finance Minister Amir Khosru Mahmud Chowdhury.
Following a proposal from the Ministry of Agriculture, the committee approved the import of 30,000 tonnes of MOP fertiliser from Belarus through private-sector supplier Sufla Trading Corporation.
The price was set at $398.97 per tonne, with the total purchase cost estimated at Tk147.20 crore based on an exchange rate of Tk122.92 per US dollar.
Another proposal from the Ministry of Agriculture was approved for the import of 40,000 tonnes of DAP fertiliser from Morocco under a government-to-government (G2G) agreement between OCP Nutricrops SA and the Bangladesh Agricultural Development Corporation (BADC).
The price of DAP was fixed at $889.33 per tonne, with the total cost estimated at Tk439.86 crore.
Meanwhile, based on a proposal from the Ministry of Industries, the committee approved the import of 40,000 tonnes of bulk granular urea from Saudi Arabia’s SABIC Agri-Nutrients Company for the 2026-27 fiscal year.
The price of urea was set at $391.66 per tonne, bringing the total purchase cost to Tk193.71 crore.
