Dhaka: The Cabinet Committee on Government Purchase (CCGP) has approved the import of 1.10 lakh tonnes of fertiliser to ensure adequate supplies for farmers in Bangladesh. The decision was made during a meeting at the Bangladesh Secretariat, chaired by Finance Minister Amir Khosru Mahmud Chowdhury.
According to United News of Bangladesh, the committee approved the import of 40,000 tonnes of bulk granular urea from SABIC Agri-Nutrients Company in Saudi Arabia for the 2026-27 fiscal year. The procurement of this urea will cost Tk 209.06 crore, with the price set at $421.67 per tonne.
Additionally, the CCGP has sanctioned the import of 40,000 tonnes of diammonium phosphate (DAP) fertiliser from OCP Nutricrops SA of Morocco. This import is part of a government-to-government agreement between the Moroccan company and the Bangladesh Agricultural Development Corporation (BADC). The DAP fertiliser will cost Tk 441.91 crore, priced at $891.67 per tonne.
Furthermore, the committee approved the procurement of 30,000 tonnes of triple super phosphate (TSP) fertiliser from the same Moroccan company under the government-to-government arrangement. This batch of TSP fertiliser will cost Tk 251.76 crore, with a price of $677.33 per tonne.
These import proposals were put forward by the Ministry of Industries and the Ministry of Agriculture as part of the government's strategy to maintain sufficient fertiliser stocks to support agricultural production.