Myanmar to import potato from Bangladesh

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Myanmar to import potato from Bangladesh
Star Business Report

Myanmar has shown interest to import potato from Bangladesh because of the low price of the item here, said the commerce minister yesterday.

Faruk Khan said Bangladesh will export a total of one lakh tonnes of potato to that country primarily.

The minister spoke at a press briefing at his office in the capital after returning from a three-day visit to Myanmar.

Bangladesh may get higher export prices for potato from Myanmar due to the low price facility, he said.

He said investors from Myanmar can now invest in Bangladesh as the cabinet approved a bill regarding that yesterday.

During the visit, he urged the leaders of both the countries to remove the banking problems, barriers in direct shipping for trade, and to lease lands in Myanmar for farming agricultural products by Bangladeshi entrepreneurs.

Khan said Bangladesh imported goods worth $180 million from Myanmar in last fiscal year and exported goods worth $20 million.

The imported goods include rice, lentil and gram while cement, pharmaceuticals, condensed milk and electric cables were in the export list, he said.

He said Prime Minister Sheikh Hasina is scheduled to visit Myanmar from December 5-6 to discus different bilateral trade issues.

“Myanmar wants to establish connectivity with Bangladesh in roads, air, waterways and railway.”

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