No shortage of fertilizer in Bangladesh

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Agriculture Minister Muhammad Abdur Razzaque said on Tuesday that there was no shortage of fertilizers as the country has sufficient stock of agricultural inputs in relation to demand.

“There is no shortage of fertilizer until December this year, but rather there is enough stock in the warehouses,” he told reporters after meeting with Vietnam’s ambassador. Pham Viet Chien at his ministry office in the Secretariat.

Agriculture Secretary Md Sayedul Islam was present on the occasion.

Although the fertilizer allocation was larger this year than last year, the minister said, a shortage of fertilizer has been noticed somewhere, which is unexpected.

Razzaque said 383 mobile courts were held this month when 383 fertilizer dealers and retailers were fined Tk 57.68 lakh to deal with the artificial shortage.

In addition to financial penalties, the licenses of dealers involved in handling fertilizers will be revoked, he said.

“The license is issued by the Ministry of Industry. Therefore, the process of sending a list of their names to the Ministry of Industry for cancellation of licenses is ongoing,” he said. added.

Apart from dealers and retailers, the minister said that if the administration on the ground or the officials on the ground are found guilty of negligence, severe action will be taken against them as well.

Speaking on MOP Fertilizer, the Minister said, “A total of 1.80,000 tons of MOP fertilizer have been imported by government and private management till Tuesday this month (August), while over 1,16,000 tons of MPO fertilizer will arrive in the country within the next month (September).”

There is a demand for 51,000 tons in September and 70,000 tons of MOP fertilizer in October, which proves that the stock is greater than the demand, he added.

Earlier in the meeting, Razzaque and Chien discussed the growing cooperation in the agricultural sectors of the two countries.

Chien proposed to conclude a tripartite agreement between Bangladesh, Vietnam and the Netherlands to strengthen agricultural aid.

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