Bangladesh signs MoU to import 7 lakh tonnes of wheat annually from US for 5 years
The agreement aims to strengthen the country’s overall food security, improve nutritional standards, and ensure a stable food supply, said a press release from the Ministry of Food.
Bangladesh has signed a memorandum of understanding (MoU) with the United States today (20 July) to import 7,00,000 tonnes of wheat annually over the next five years at competitive prices.
The agreement aims to strengthen the country's overall food security, improve nutritional standards, and ensure a stable food supply, said a press release from the Ministry of Food.
The MoU was signed at the ministry's conference room in Dhaka, in the presence of Food Secretary Md Masudul Hasan. Also present were Food Adviser Ali Imam Majumdar, US Ambassador to Bangladesh Tracey Ann Jacobson, and other senior officials from both sides.
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On behalf of the Bangladesh government, Director General of the Directorate General of Food Md Abul Hasanath Humayun Kabir signed the MoU, while Vice President of US Wheat Associates Joseph K Sowers signed on behalf of the United States.
Speaking at the event, the food adviser said, "This memorandum of understanding will pave the way for greater mutual trade cooperation and strengthen trust between Bangladesh and the United States, benefiting the people of both nations."
In the fiscal 2024-25, the government has already imported 4,66,000 tonnes of wheat from the international market.
