Bangladesh to import wheat from Russia under G2G arrangement
The Bangladesh government has approved import of 0.3 million tonnes of wheat from Russia under government-to-government arrangement at a total cost of Tk 10.32 billion or Tk 33.43 per kilogram.
The Directorate of Food will import the cereal as approved by the Cabinet Committee on Government Purchase at its meeting held virtually on Wednesday.
Bangladesh has taken the import decision days after the visit of Russian Foreign Minister Sergey Lavrov to Bangladesh when he expressed the interest to export the commodity, among other items.
Bangladesh has been facing complications over sending and receiving import and export proceeds to and from Russia following the Russian invasion of Ukraine in February 2024, and the subsequent western sanctions on transactions with most of the Russian banks.
Md Moniruzzaman, director (CC) at the procurement division of the Directorate of Food, told that the directorate bought 0.5 million tonnes of wheat from Russia in the last fiscal year.
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