August 17, 2011

Bangladesh, Ukraine seal five-year wheat import MOU

Bangladesh signed a memorandum of understanding (MOU) on Tuesday (Aug 16) with Ukraine for import of wheat for five years to meet the requirement of the South Asian country.

Bangladeshi Food and Disaster Minister M Razzak and the visiting Ukraine Agriculture Policy and Food Minister Mykola Prysyazhnyuk signed the MOU on behalf of their respective sides.

Bangladesh will import food grains from Ukraine even after disruption in supply in the international market, concerned food ministry officials said.

Bangladesh requires four million tonnes of wheat every year to meet the local demand but the country produces only one million tonnes and the rest is imported from different countries.