KATHMANDU, DECEMBER 17
A memorandum of understanding has been signed between the state-owned companies of Nepal and Bangladesh to procure 50,000 metric tonnes of chemical fertiliser from Bangladesh.
The Ministry of Agriculture and Livestock Development said that Agricultural Inputs Company Limited of Nepal and Bangladeshi Chemical Industries Corporation signed the MoU today.
The ministry’s Spokesperson Hari Bahadur KC said the MoU was signed to import chemical fertiliser to Nepal in four different phases through bulk and cargo within three months.
According to KC, Managing Director of Agricultural Inputs Company Limited Netra Bahadur Bhandari and Md Amin Ul Ahsan of Bangladeshi Chemical Industries Corporation signed the agreement on behalf of their respective companies.
The ministry said the country would have no crisis of chemical fertiliser with import from Bangladesh.
A four-member team under the leadership of Bhandari had left for Bangladesh to sign the MoU to procure chemical fertiliser on the basis of government to government modality between Nepal and Bangladesh.
The Agricultural Inputs Company Limited has already selected a UAE-based company to transport the fertiliser to Nepal from Bangladesh.
Meanwhile, the ministry said it was working on short, midterm and long-term strategies not to continue the crisis of chemical fertiliser in the coming days while adding that the country has enough urea, DAP and potash for this season.
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