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Bangladesh to import of 1.7 million tons of rice
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DHAKA, 31 August 2021, (TON): The government has permitted 428 business people and firms to import 1,720,000 tons of rice at a lower duty rate, aiming to keep the rice market stable in Bangladesh.
An official said “the Food Ministry gave the permission from August 17 to 30 and informed the Commerce Ministry about it.”
On Monday, another 79 business firms got permission to import 101,000 tons of boiled and atap (non-boiled) rice. With this, the Food Ministry has permitted a total of 428 firms to import some 1,720,000 tons of rice.
However, the importers will have to market the imported rice by September 25 next.
The other conditions imposed by the ministry include ensuring a maximum of 5% broken grains among the imported rice, opening LC (Letter of Credit) within 15 days and informing the Food Ministry about the LC-related information through emails instantly.
Besides, the imported rice cannot be repackaged using the name of importers and the rice will have to be sold in plastic sacks.
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