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5-yr MoU with Ukraine to import wheat

Bangladesh Tuesday signed a five-year memorandum of understanding with Ukraine to import wheat to meet its domestic demand.

Food and disaster management minister M Abdur Razzaque and visiting Ukraine agriculture policy and food minister Mykola Prysyazhnyuk signed the agreement on behalf of their respective sides at Sonargaon Hotel in the city.

Finance minister Abul Maal Abdul Muhith, agriculture minister Matia Chowdhury, commerce minister Faruk Khan and industries minister Dilip Barua were present.

Secretaries of different ministries and other officials concerned were also present.

Under the deal, Bangladesh would be able to import food grains from Ukraine even after disruption in supply in the international market, food ministry officials said.

Bangladesh requires 40 lakh tonnes of wheat every year to meet the local demand but the country produces only 10 lakh tons and the rest is imported, they said.

Faruk Khan, earlier in the day, told Mykola Prysyazhnyuk that Ukraine could import readymade garment, medicine and jute products from Bangladesh to boost Dhaka- Kiev trade.

'I have informed the Ukraine minister that Bangladesh is doing well in exporting pharmaceutical, garment and jute goods and has become fourth largest RMG exporter. Ukraine can import those,' Faruk told the news agency after a meeting with Mykola.

Source : New Age