Bangladesh signs deal to import 700,000 tonnes of wheat from US amid rising tariffsBangladesh has signed a memorandum of understanding (MoU) with the United States to import 700,000 tonnes of wheat annually at competitive prices as it seeks to offset the impact of new tariffs imposed by the Trump administration. The MoU was signed at the Ministry of Food on Sunday, the ministry said in a statement. The Ministry of Food said that the MoU had been signed to ensure the overall food security, nutritional quality and food supply. The agreement was reached to import 700,000 tonnes of high-quality wheat from the US annually at competitive prices for the next five years. The people of both countries will benefit.”US Ambassador to Bangladesh Tracey Ann Jacobson was also present for the occasion.


Source:   bd News24
July 20, 2025 14:31 UTC