Maximum quantity of onion will be imported: Minister of Commerce – bdnews24.com



[ad_1]

He addressed reporters after meeting with a three-member delegation led by Hungary’s Minister of Trade and Foreign Affairs Peter Cizarto at the Secretariat on Thursday.

Reacting to the increase in onion prices in recent days, the Trade Minister said: “Our prices have gone up a bit. Our Minister is following up on this matter. Today, several teams from our ministry will be importing positions, such as Benapole and Healy. There you will see the status of the import. Prices have also risen in India, which has caused traffic problems due to floods. ”

Speaking of the preparations for the importation of onions, he said: “We are trying very hard. TCB is shrinking on a large scale. TCB will start selling onions on the open market from the 13th. This time we will break the all-time record and import the maximum amount of onions. We are monitoring the flowers, let’s see ”.

Tipu Munshi said that India stopped exporting onions last year, opening the way to import onions from new markets. “The difference between last year and this year is that India stopped exporting onions on September 29 last year. But this time India did not stop. Our traders here have taken advantage of last year’s closing. India also sold onions for 150 rupees.

“There were problems in the area, we may have had more safaris. The good news is that we have learned to import from new markets due to the closure of India. Due to the arrival of onions from Turkey, Egypt and Indonesia last time, our people still have good communication. We have also tendered imports from Turkey through TCB ”.

He said that a letter had been sent to the ministry in question to reduce the tax on onion imports. “Hopefully, the five percent tax will be dropped,” he said.

The minister said that the number of onions found in Myanmar last year is slowing down due to Kovid-19. We want to open all the way. We are trying to import onions as soon as possible. “

The Ministry of Agriculture says that if onion production has increased in the country this year, why is the price going up? As our production has increased, farmers have also obtained some prices. Even then we have a deficit of five to five and a half lakh tons.

“It is expected that production will increase even more in the next few years. But we still have to trust the foreign market. “

Speaking with the Hungarian Foreign Minister, the Trade Minister said: “Bangladesh and Hungary are interested in establishing a joint trade commission to increase investment and trade. They said they would submit a joint business idea proposal within the next week.

“We have said that we will make a decision within a week after submitting the proposal. Hungary has also expressed interest in investing in the food processing industry, water management and pharmaceutical sectors.”

Onion price increase: 10 traders fined in Khatunganj

Onion prices rose amid rising vegetable prices

TCB will sell onions from September 13



[ad_2]