The government on Tuesday suggested for approving in principle a proposal for signing a deal between the Fertiglobe Distribution Limited, UAE and the Bangladesh Chemical Industries Corporation (BCIC).
The recommendation for approval came from the 29th meeting of the Advisers Council Committee on Economic Affairs held at the Cabinet Division Conference Room at Bangladesh Secretariat today.
The agreement will be signed to import urea fertiliser from that company under G2G basis for the current fiscal year (FY26) to meet the growing demand of the country.
Finance Adviser Dr Salehuddin Ahmed presided over the meeting.