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In an effort to ensure adequate fertiliser supply for the upcoming cultivation season, the government has approved the import of 70,000 metric tonnes of fertiliser from Saudi Arabia and the United Arab Emirates (UAE) at a total cost of Tk 484.16 crore.
The decision was made during a meeting of the Cabinet Committee on Government Purchase, chaired by Economic Adviser Dr. Salehuddin Ahmed, held on Tuesday at the Secretariat.
According to meeting sources, the committee approved a proposal from the Ministry of Industries to import 30,000 metric tonnes of bulk granular urea from Fertiglobe Distribution Limited, a UAE-based supplier. The total cost of this consignment will be Tk 138.17 crore, with each tonne priced at $377.50.
Additionally, based on a proposal from the Ministry of Agriculture, the committee approved the import of 40,000 metric tonnes of DAP (Diammonium Phosphate) fertiliser under a government-to-government agreement between Ma’aden of Saudi Arabia and the Bangladesh Agricultural Development Corporation (BADC). This shipment will cost Tk 345.99 crore, with a unit price of $709 per metric tonne.
The imports are part of the government’s continued efforts to stabilise the agricultural input market, ensure food security, and support farmers with timely supply of fertilizers amid fluctuating global commodity prices.
The strategic sourcing from long-term partners such as the UAE and Saudi Arabia reflects Bangladesh’s commitment to diversifying supply channels and maintaining buffer stocks for key agricultural inputs.
