The Advisors Council Committee on Government Purchase has approved a proposal for importing 35,000 metric tons (±10%) of Muriate of Potash (MOP) fertiliser from Russia under a state-level agreement.
The committee gave the nod to the Ministry of Agriculture’s proposal at its meeting on Tuesday.
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The deal will be executed between JSC “Foreign Economic Corporation (Prodintorg)” of Russia and Bangladesh Agricultural Development Corporation (BADC) under the Ministry of Agriculture.
As per the proposal, each metric ton of MOP fertiliser will cost US$361. The total value of the consignment has been estimated at Tk 154.90 crore.