Russia offers discounted Urea fertiliser to Bangladesh

Russia offers discounted Urea fertiliser to Bangladesh
A Russian delegation, led by Charge d'Affaires of the Russian Federation in Bangladesh, Vyacheslav Sentyurin, met with on Commerce, Industries, Textiles and Jute Minister Khandakar Abdul Muktadir at his office.

Online Desk

Published: 2026-07-28 20:02:03

Russia has reaffirmed its commitment to supporting food security in Bangladesh and has proposed expanded bilateral trade, including discounted supplies of urea fertiliser alongside key food commodities.

The bilateral proposals were discussed during an official meeting in Dhaka between Russian Charge d'Affaires Vyacheslav Sentyurin and Khandakar Abdul Muktadir, the Minister of Commerce, Industries, Textiles and Jute, at the Ministry of Commerce. Industries Secretary Abdun Naser Khan was also in attendance.

During the talks, representatives reviewed diplomatic relations between both nations and identified strategies to strengthen economic ties, with a central focus on agricultural partnerships, chemical supplies, and government-to-government trade agreements.

Commerce Minister Khandakar Abdul Muktadir acknowledged Russia's continued role in supporting domestic food security through steady shipments of wheat and muriate of potash fertiliser. Describing Moscow as a dependable economic partner, he expressed confidence that commercial ties will continue to grow.

The Russian delegation offered to supply roughly 280,000 metric tonnes of urea fertiliser to the Bangladesh Chemical Industries Corporation through the state trading firm JSC FEC Prodintorg under a direct government contract.

Russian envoys confirmed that the proposed urea shipments would be priced at ten US dollars less per metric tonne than current market rates paid to other exporting nations. Officials noted that the price reduction would secure a steady supply while helping Dhaka lower overall import expenses.

The two delegations also discussed expanding an existing memorandum of understanding between the Trading Corporation of Bangladesh and JSC FEC Prodintorg to cover additional essential commodities.

Russian representatives expressed readiness to export sunflower oil, yellow peas, chickpeas, and various types of lentils to assist in maintaining local market stability and staple food availability.

Welcoming the proposals, Commerce Minister Khandakar Abdul Muktadir stated that Bangladesh will continue to foster mutually beneficial trade and investment links, with both sides agreeing to maintain regular communication to advance upcoming commercial projects.