Nepal | January 17, 2021

Fertiliser import from Dhaka delayed

RASTRIYA SAMACHAR SAMITI
Share Now:

KATHMANDU, JANUARY 4

There has been a delay in import of 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 (L/C) to the government of Bangladesh. There has been a delay from Bangladesh in supplying fertilisers although Nepal has completed all the process, said the Agriculture Inputs Company Ltd (AICL).

The AICL has sent a draft of the opening of L/C in Siddhartha Bank to Bangladesh, said Managing Director of AICL, Netra Bahadur Bhandari.

“We have received information that Bangladeshi officials are studying the L/C sent by us. The process to supply fertilisers will begin once Bangladesh approves the LC. There has been a delay from the side of Bangladesh,” he said.

As per the pact, the supply should begin within 10 days of issuance of L/C and completed within two months.

The government of Nepal is importing 50,000 metric tonnes of fertilisers from Bangladesh. The supply cost is $259.195 per metric tonne, which is an around $18 per metric tonne cheaper as compared to the existing supply rate.


A version of this article appears in print on January 05, 2021 of The Himalayan Times.


Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Photo Gallery: NC student cadres demonstrate against House dissolution

Kathmandu, January 15 Seen in the pictures below are youth activists affiliated to the main opposition Nepali Congress taking part in a tug of war during a protest against the dissolution of House, in Kathmandu, on Friday. On December 20, PM Oli recommended the dissolution of House of Represen Read More...

Constitutional bench to adjudicate House dissolution case

KATHMANDU, JANUARY 15 The constitutional bench of the Supreme Court led by Chief Justice Cholendra Shumsher JB Rana today ruled that cases field against the dissolution of the House of Representatives would be heard by the same bench continuously from Sunday. The SC passed the order after hear Read More...

At least 42 dead as Indonesia quake topples homes, buildings

MAMUJU, INDONESIA: A strong, shallow earthquake shook Indonesia's Sulawesi island just after midnight Friday, toppling homes and buildings, triggering landslides and killing at least 42 people. More than 600 people were injured by the magnitude 6.2 quake, which sent people fleeing their homes in Read More...

Biden: We'll 'manage the hell' out of feds' COVID response

WILMINGTON, DELAWARE: President-elect Joe Biden pledged Friday to boost supplies of coronavirus vaccine and set up new vaccination sites to meet his goal of 100 million shots in 100 days. It's part of a broader COVID strategy that also seeks to straighten out snags in testing and ensure minority com Read More...

Dahal-Nepal faction to seek clarification from prime minister

KATHMANDU, JANUARY 15 Nepal Communist Party (NCP) led by Pushpa Kamal Dahal and Madhav Kumar Nepal today decided to seek clarification from Prime Minister KP Sharma Oli for acting against the party’s objectives, goals, programmes, and statute. NCP Standing Committee member Bhim Bahadur Rawal Read More...

Rooney stops playing to take Derby manager job permanently

All-time record scorer for England and Manchester United. A haul of 16 trophies. Wayne Rooney's illustrious playing career is over. Former England and United captain has decided it's time to focus on trying to replicate his successes as a striker in management. After taking temporary charg Read More...

Gyawali stresses need to find agreeable boundary alignment

KATHMANDU, JANUARY 15 Minister of Foreign Affairs Pradeep Kumar Gyawali today said in New Delhi that finding an agreeable boundary alignment in the remaining segments might not only take Nepal and India to the stage of fully settled international boundary, but might also help generate positive vi Read More...

Nepali Congress to hold protests in all local levels today

KATHMANDU, JANUARY 15 Nepali Congress is set to hold protests against the dissolution of the House of Representatives in all the 753 local levels on Saturday. Issuing a press release, NC President Sher Bahadur Deuba appealed to all the citizens to express solidarity with the protest to be held Read More...