Govt to import 1.10cr litres of soybean oil from USA
News Desk || risingbd.com
The government has taken an initiative to import of 1.10 crore litres of soybean oil from the USA through an international company in a bid to meet local demand.
A USA-based supplier Accentuate Technology Corporation (Local Agent- OMC Limited, Dhaka) in Virginia will supply the soybean oil. Per litre price will be 1.27 dollars. For this, the company deposed a bank guarantee of 2 lakh 97 thousand dollars.
The company will also supply soybean from Malaysia.
On May 3, Trading Corporation of Bangladesh (TCB) sent a proposal to the Ministry of Commerce to purchase 1.10 crore liters of soybean oil.
Sources said a procurement proposal in this regard may be presented to the government procurement cabinet meeting for approval.