Industry

Bangladesh to import 10 lakh tonnes of wheat from India

Bangladesh has a plan to import up to 10 lakh

tonnes of wheat from India under government to government contract and

necessary steps already have been taken by the concerned food ministry.

“Bangladesh has sent an offer letter to the Bangladesh High Commission in

India for making a negotiation with the Indian government to import as much

as 10 lakh tonnes wheat,” said Food Minister Sadhan Chandra Majumder

exclusively to BSS tonight.

After receiving the letter from Indian national companies, he said “We are

trying to make correspondence with seven to eight Indian Wheat export

companies and to seek clearance from the Indian government.”

After the clearance from the Indian government, then negotiation on fixing

import price will be held with the Indian government for materializing these

import arrangement, he said.

Although we have a verbal agreement with India to import on an estimated

amount of 10 lakh tonnes of wheat, but now we have sent our total import

demand officially.

Earlier, a tender has been completed with the neighboring India to import

around 3 lakh tonnes of wheat —where 1.50 lakh tonnes are on unloading

process at the port and import of remaining 1.50 lakh tonnes are in pipeline.

Bangladesh usually imports wheat from Russia, but the ongoing Russia-Ukraine

war has compelled us to import wheat from India.

Country’s annual wheat demand stands at 75 lakh tonnes where 11 lakh tonnes

produced in locally and the rest 64 lakh tonnes are usually comes from

Russia, Ukraine, India and Canada.

Of the total wheat import of Bangladesh, Russia and Ukraine meets 45 percent

of wheat import demand which is now being suspended due to war.

After removing US embargo on dollar, Russia also has sent offer letter to

Bangladesh for wheat export which was suspended due to US embargo on export

import goods from abroad since Russia and Ukraine war.

Source: Bangladesh Sangbad Sangstha (BSS)