, June 17 -- The Cabinet Committee on Economic Affairs on Wednesday approved three separate proposals including the import of urea fertiliser from Russia under the direct procurement method and agreements related to a Chinese-backed economic zone in Chattogram.

The approvals came at a meeting of the committee following consideration of proposals submitted by the Industries Ministry and the Prime Minister's Office.

Finance Minuster Amir Khosru Mahmud Chowdhury chaired the meeting held at Secretariat.

The fertiliser import proposal was placed by the Industries Ministry.

The committee also approved the signing two agreements with Bangladesh CEIZ Company Limited, a Special Purpose Company (SPC) formed for the establishment of the Chinese ...