Indian firm offers to sell 5 lakh tonnes of rice
Thursday, 31 January 2008

UNB . Dhaka

An Indian firm has proposed to export 500,000 tonnes of rice to Bangladesh with each tonne priced below $500, a government official said on Tuesday.

State-run West Bengal Essential Commodities Supply Corporation submitted a bid on Thursday to the ministry of food and disaster management to make the staple available.

'The cost of per tonne of rice will not exceed $500. On Thursday we invited two officials from the ECSC to come to Bangladesh,' Mollah Waheduzzaman, director general of the Directorate of Food, told the news agency.

The two officials are expected to arrive in Dhaka today to discuss the delivery schedule and other details of the deal.

The ministry will refer ECSC's proposal to the Cabinet Committee on Pubic Purchase where the final work order will be given.

A government delegation visited India earlier this month to meet specified organisations to discuss the deal, although until now only ECSC has come forward with a proposal.

The Indian external affairs minister, Pranab Mukherjee, during his visit to Bangladesh after cyclone Sidr announced that he was giving the green light to the export of 500,000 tonnes of rice.'

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