, Oct. 14 -- The Cabinet Committee on Government Purchase (CCGP) on Wednesday approved the import of fertiliser worth around Tk 1,466 crore from Saudi Arabia, the United Arab Emirates (UAE), Russia and Canada to meet the country's agricultural demand.

The approval was given at a meeting chaired by Finance Minister Amir Khosru Mahmud Chowdhury.

The recommendations cover imports of urea, muriate of potash (MOP) and diammonium phosphate (DAP) fertilisers under government-to-government (G2G) agreements and existing contracts.

Under the proposals, 40,000 tonnes of bulk granular urea fertiliser containing 10% nitrogen will be imported from Saudi Arabia's SABIC Agri-Nutrients Company for Tk 220.65 crore. The price has been set at US$ 446.67 p...