Russia and Bangladesh sign major potash fertilizer supply deal

Russia and Bangladesh have signed a major agreement to supply more than 500,000 tons of Russian potash fertilizers, according to statements cited by TASS from the Russian Embassy in Dhaka. The deal was concluded between the Russian foreign trade association Prodintorg and the Bangladesh Agricultural Development Corporation.

The embassy described the agreement as the largest fertilizer-sector contract in the history of bilateral interstate cooperation between Russia and Bangladesh. It added that the Bangladesh Agricultural Development Corporation has been importing potash fertilizers from Russia for several years under earlier agreements with Prodintorg.

The new contract expands on existing trade flows at a time when Bangladesh continues to rely on imported fertilizers to support its agricultural sector.