DHAKA, July 31, 2024 (BSS) - The government today approved a proposal in principle for signing an agreement for importing urea fertilizer from Fertiglobe Distribution Ltd, UAE under G to G basis.

The approval came from the 14th meeting of the Cabinet Committee on Economic Affairs (CCEA) this year held today at the Cabinet Division conference room at Bangladesh Secretariat with Finance Minister Abul 
Hassan Mahmood Ali in the chair.

Cabinet Division sources said that the fertilizer would be imported from the UAE's company under a proposed agreement in the current fiscal year.

The CCEA meeting approved another proposal in principle from the Ministry of Shipping for withdrawing the Khanpur Inland Container Terminal Construction Project from the list of PPP.

Besides, the meeting approved a proposal in principle from the Power Division.