Dhaka, Oct. 29 -- The government has approved a proposal to negotiate with two authorised US Wheat Associates entities that offered the lowest prices for importing wheat from the United States under a government-to-government (G2G) arrangement.

The approval was given at the 36th meeting of the Cabinet Committee on Economic Affairs held on Wednesday.

The Food Ministry placed the proposal seeking policy approval to initiate negotiations with the two authorised entities for the import of wheat from the United States.

The committee recommended the proposal for policy approval, paving the way for negotiations with the lowest bidders.

The press briefing did not disclose the proposed quantity of wheat, the names of the two entities or the pr...