Friday, June 21, 2024

Decision to reduce onion prices is coming: Minister of State for Commerce

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Decision to reduce onion prices is coming: Minister of State for Commerce | Got permission from India to import onions. Now the price is being discussed. State Minister for Commerce Ahsanul Islam Titu said that a decision will be made in this regard within a couple of days.

Got permission from India to import onions. Now the price is being discussed. State Minister for Commerce Ahsanul Islam Titu said that a decision will be made in this regard within a couple of days.

The state minister for commerce said this in a joint press conference with the Japanese ambassador to Dhaka, Iwama Kiminori, on the execution of the Bangladesh-Japan Economic Partnership Agreement (EPA) at the Secretariat on Tuesday. Our senior secretary has been communicating and discussing regularly to reduce the price for the last three days. A decision will be made in a couple of days.

He said, I cannot eliminate all the barriers of international trade. But we have initiatives, efforts and success. India has imposed a ban on onion exports till March, even after that they agreed. The upcoming election in their country will also have to be seen. They have a consumer market, that should be kept in mind. All things considered, we got approval for 50,000 tonnes of onions. Either we bring G2G officially, or authorize our importers. I will try to bring relief to the market as soon as possible.

The state minister said, we don’t need to talk about religious sentiments. It’s up to each. Iftar with whatever you want. The duty on some dates has been reduced. We have not reduced the duty on expensive dates of higher varieties. A letter has been given to reduce the price of what the common man eats.

Regarding sugar, the state minister said that the maximum price of sugar in the open market will not be more than 140 rupees. They promised us, they have enough stock. The price of packaged sugar will also not be more than 145 to 146 rupees. We have confirmed that. There is no chance to increase the price of sugar during Ramadan.

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