Dhaka, June 17 -- The ongoing conflict between Iran and Israel has not yet disrupted the government procurement processes, Finance Advisor Salehuddin Ahmed has said.
He, however, cautioned that an extended war could lead to repercussions in fuel and other sectors.
Following a meeting of the Advisory Council Committee on Economic Affairs and Government Purchase at the Secretariat on Tuesday, Salehuddin said proposals for importing LNG and fertiliser were approved during the session, and current deals had not been affected by the conflict.
"The war has caused a short-term spike in global oil prices, but the LNG cargo we are purchasing now is still being supplied at previously quoted rates," he said. "If LNG prices go up due to the war, w...
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