The Cabinet Committee on Government Purchase (CCGP) on Wednesday approved the import of fertiliser worth around 1,466 crore taka from Saudi Arabia, the United Arab Emirates (UAE), Russia and Canada to meet the country’s agricultural demand.
The approval came at a meeting chaired by Finance Minister Amir Khosru Mahmud Chowdhury.
The approved proposals cover imports of urea, muriate of potash (MOP) and diammonium phosphate (DAP) fertilisers under government-to-government (G2G) agreements and existing contracts.
Under the proposals, 40,000 tonnes of bulk granular urea fertiliser containing 10% nitrogen will be imported from Saudi Arabia’s SABIC Agri-Nutrients Company for 220.65 crore taka at $446.67 per tonne.
The committee also approved the import of 42,000 tonnes of bulk granular urea fertiliser from Fertiglobe Distributions Limited of the UAE for 275.78 crore taka at $531.67 per tonne.
Both consignments of urea will be imported in the 2026-27 fiscal year.
The committee also recommended importing 35,000 tonnes of MOP fertiliser from Russia’s JSC Foreign Economic Corporation (Prodintorg) for 166.10 crore taka at $383.80 per tonne. The import will take place under a G2G agreement between the Russian company and the Bangladesh Agricultural Development Corporation (BADC).
In addition, two separate consignments of 40,000 tonnes each of MOP fertiliser will be imported from the Canadian Commercial Corporation (CCC) under G2G agreements with BADC. Each consignment will cost 188.90 crore taka, with the price set at $382.38 per tonne.
The proposals allow for an additional 10% over the specified quantities.
In another proposal, the committee recommended importing 40,000 tonnes of DAP fertiliser from Saudi Arabia’s MA’ADEN for 425.58 crore taka under an agreement with BADC.
The DAP fertiliser will cost $861.50 per tonne and constitutes the fifth lot under the 2026 supply arrangement.
The imports are intended to ensure an adequate supply of fertiliser for farmers and support agricultural production across the country.