News

Bangladesh: 34,000 tonnes of potatoes are to be imported from India, in a move to lower prices

Fresh Common Potato
Vegetables
Bangladesh
Regulation & Compliances
Market & Price Trends
Published Feb 3, 2024

Tridge summary

In an effort to control the escalating price of potatoes, the government has sanctioned the import of 34,000 tonnes of the vegetable from India through the Hili land port. The importation will be undertaken by 49 traders, as potatoes are currently being sold at unusually high prices. The decision to permit imports is a strategic move to regulate the price before the commencement of Ramadan.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Aiming to rein in the runaway price of potatoes, the government has approved the import of 34,000 tonnes of potatoes through the Hili land port from India. Yusuf Ali, deputy assistant officer of the Plant Contamination Control Center at Hili land port, told UNB that the government has decided to import potatoes to rein in the soaring price of the vegetable. A total of 49 traders will be able to start importing the potatoes from Saturday or Sunday, he added. Shahidul Islam, one of the approved traders, said potatoes are being sold for Tk40-45 per kg at the retail level, which is abnormally high for this time of year. Considering the ...
Source: TBS
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