Bangladesh has approved the import of a substantial volume of potash fertiliser as part of efforts to maintain agricultural productivity and ensure a stable supply of essential inputs.
The decision was taken by the Cabinet Committee on Government Purchase during a meeting in Dhaka chaired by Finance Minister Amir Khosru Mahmud Chowdhury. The committee authorised the procurement of 35,000 metric tonnes of Muriate of Potash (MOP), a key nutrient used to enhance crop yields.
The Bangladesh Agricultural Development Corporation (BADC) will oversee the purchase under an existing state-level agreement with Russia. The fertiliser will be sourced from the state-owned supplier JSC “Foreign Economic Corporation (Prodintorg), continuing an established supply arrangement between the two countries.
Officials indicated that the latest shipment represents the tenth consignment under the agreement, with standard flexibility in quantity to accommodate logistical considerations. The approved price stands at 368.13 US dollars per metric tonne, bringing the total value of the import to approximately Tk 156.74 crore.
The move reflects ongoing efforts to support the agricultural sector, which remains highly dependent on imported fertilisers. Ensuring timely availability of potash is considered critical for sustaining crop production, particularly during peak farming seasons.
As global commodity markets continue to experience fluctuations, policymakers are increasingly focused on securing reliable supply chains for agricultural inputs. The latest approval is seen as part of a broader strategy to mitigate potential disruptions and maintain food production levels across the country.
