Fertiliser import from Bangladesh delays
Kathmandu, 4 January (2021) - There has been a delay to import fertilisers the Nepal government has purchased from Bangladesh.
It has been 18 days since an agreement between the governments of Nepal and Bangladesh for Nepal to purchase 50,000 metric tonnes fertilisers was reached. In this regard, Nepal has already sent a letter of credit (LC) to the government of Bangladesh. There has been a delay from the side of Bangladesh in supplying fertilisers although Nepal has completed all the process in this regard, said the Agriculture Inputs Company Ltd.
The Company has sent a draft of the opening of LC in Siddhartha Bank to Bangladesh, said Managing Director of the Company, Netra Bahadur Bhandari. "We have received information that Bangladeshi officials have been studying the LC sent by us. The process to supply fertilisers will begin once Bangladesh approves the LC and nods. There has been a delay from the side of Bangladesh," he said.
As per the agreement, the supply should begin within 10 days of the issuance of LC and complete within two months.
The government of Nepal is importing 50,000 metric tonnes of fertilisers from Bangladesh. The supply cost is USD 259.195 per metric ton, which is an around USD 18 cheaper per metric ton as compared to the existing supply rate.
No new govt until Maoist withdraws support to sitting govt: NC President Deuba
Kathmandu, 18 April (2021) - Nepali Congress President Sher Bahadur Deuba has made it clear that th…
Covid-19 management: A herculean task for Nepal
"We are in dire need of a comprehensive legislation to deal with pandemics"
'National unity' led Qatar's resilience against the blockade imposed by neighbors - Yousuf Bin Mohamed, Qatar's Ambassador to Nepal [Interview]
COVID-19's impact on Dalit community in Nepal
Mediation in rape cases: Utterly unacceptable
Education during COVID-19: Is E-learning a good alternative?