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Govt to ship 50,000 tonnes of urea to Nepal
Bangladesh is set to send 50,000 tonnes of its imported urea fertiliser to Nepal at the import price to help the landlocked country, which failed to purchase the organic compound on time due to the Covid-19 outbreak.
To materialise the plan, the cabinet committee on purchase yesterday in its 36th meeting approved the purchase of Tk 109.74 crore worth of granular urea fertiliser.
Bangladesh Chemical Industries Corporation (BCIC) would purchase the fertiliser from international joint venture entity Karnaphuli Fertiliser Company Ltd (Kafco).
It would buy 40,000 tonnes in bulk at $257.35 a tonne and the rest 10,000 tonnes of bagged urea fertiliser at $262 a tonne, Abu Saleh Mostafa Kamal, additional secretary of the cabinet division, told journalists after the meeting.
Govt to export 50,000 MT fertiliser to Nepal
Staff Correspondent
23rd December, 2020 10:09:00
A proposal was okayed on Wednesday for exporting 50,000 tonnes of granular urea fertiliser to Nepal after procuring from local producer KAFCO.
The Cabinet Committee on Government Purchase (CCGP) approved a total of four proposals, including fertiliser export proposal.
Finance Minister AHM Mustafa Kamal chaired the meeting held virtually.
Briefing reporters virtually after the meeting, the Finance Minister said the government would first purchase fertiliser from KAFCO, Bangladesh and then export it to Nepal. He said that such kind of trade with a neighboring country would further brighten the image of Bangladesh in the international arena.