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Business

Govt trying to import wheat from 5 alternative sources: Commerce Minister

The government is trying to import wheat from five alternative sources, Commerce Minister Tipu Munshi said today.
Star Digital Report
Mon May 16, 2022 12:57 PM Last update on: Mon May 16, 2022 03:31 PM
Govt trying to import wheat from 5 alternative sources: Commerce Minister
Representational photo: Reuters

The government is trying to import wheat from five alternative sources, Commerce Minister Tipu Munshi said today.

Measures will also be taken to import the crop from the war-hit Ukraine, the minister said when asked about the steps government is taking after India slapped ban on wheat export.

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The commerce minister was addressing a dialogue organised by Bangladesh Secretariat Reporters Forum (BSRF) at the Secretariat.

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Importing wheat from India: Govt prepping for G2G deal

He further said that the government will begin selling goods at reasonable price to one crore families living under poverty line from June.

Photo: Mahbubur Rahman Khan

Reiterating that trusting traders was a mistake, Tipu Munshi said they have learned a lesson, which will help him in the future.

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India bans wheat export, will be sensitive to Bangladesh's needs

He, however, said that government are refraining from taking strong measures against illegal hoarders to protect market from instability.

Yesterday, a day after India announced a shocking ban on wheat exports, the prices of the grain shot up in Bangladesh.

Related topic:
wheat importalternative sourcesCommerce Minister Tipu MunshiBangladesh import wheatIndia bans wheat export
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