Dhaka: The Cabinet Committee on Government Purchase (CCGP) has given the nod for the import of 115,000 tonnes of fertiliser from Canada, Russia, and Saudi Arabia at a total expenditure of Tk 564.24 crore. This strategic move aims to bolster the agricultural sector by ensuring an ample supply of fertilisers.
According to United News of Bangladesh, the approval was granted during a CCGP meeting chaired by Finance Minister Amir Khosru Mahmud Chowdhury at the National Economic Council. Out of the total approved quantity, 75,000 tonnes will be muriate of potash (MOP) fertiliser, and the remaining 40,000 tonnes will be granular urea.
The committee has recommended importing 40,000 tonnes of MOP fertiliser, with a permissible variation of plus or minus 10 percent, from the Canadian Commercial Corporation (CCC). This procurement is part of the 13th optional third lot under the existing state-level agreement between CCC and the Bangladesh Agricultural Development Corporation (BADC), carrying a cost of Tk 187.23 crore at US$377.63 per metric tonne.
Furthermore, the committee advised the import of 35,000 tonnes of MOP fertiliser, also with a provision of plus or minus 10 percent, from Russia’s JSC Foreign Economic Corporation (Prodintorg). This is under the fourth lot of the agreement between the Russian entity and BADC, with the procurement priced at Tk 163.83 crore, maintaining the same cost per tonne.
Both of these proposals were presented by the Ministry of Agriculture. Additionally, the committee has recommended the importation of 40,000 tonnes of granular urea fertiliser, with a 10 percent provision, from the Saudi Arabian SABIC Agri-nutrients Company. This is for the second lot of the 2026-27 fiscal year, with a procurement cost of Tk 213.19 crore, set at US$430 per tonne. The Ministry of Industries put forward this proposal.
These procurement decisions are part of the government’s ongoing efforts to secure fertiliser supplies to meet the demands of farmers in the forthcoming 2026-27 fiscal year.