Dhaka, Dec. 2 -- Bangladesh is set to purchase another 220,000 tonnes of wheat from the United States under a government-to-government arrangement, at a total cost of Tk 8.42 billion.
Each tonne of wheat costs $312.25, according to a media statement from the Ministry of Finance on Tuesday.
The decision was approved at a meeting of the Advisory Committee on Government Purchase.
The deal follows the Trump administration's imposition of a 35 percent supplementary duty on Bangladeshi exports, prompting the interim government to seek tariff relief by increasing imports from the US.
In July, the two countries signed a memorandum of understanding for Bangladesh to import 700,000 tonnes of wheat annually, as part of its efforts to offset the ...
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