Bangladesh seeks WTO’s net food importer status

BD losing farm land by 0.19pc a year

Bangladesh seeks WTO-recognised Net Food Importing Developing Country (NFIDC) status to continue providing agricultural export-credit subsidy even after its LDC graduation, as its current edible imports outweigh exports. As the graduation process is on stream, the Ministry of Commerce has applied to the World Trade Organization for inclusion of Bangladesh in the NFIDC list, or […]

Dhaka to seek WTO’s net food importer status

Infograph: TBS

19 October, 2022, 10:40 pm Last modified: 20 October, 2022, 12:10 am Infograph: TBS “> Infograph: TBS The government has decided to apply to the World Trade Organization (WTO) for the status of a net food-importing developing country (NFIDC), which, commerce ministry officials say, will allow Bangladesh to provide subsidies on agricultural and food exports […]

Bangladesh becoming major importer of US nuts

Bangladesh becoming major importer of US nuts

Bangladesh is progressively becoming an important market for the US’s tree nuts, mainly almond, thanks to the country’s rising income and expanding food and beverage industry, said a report by the US Department of Agriculture (USDA).  “Consumers’ attitude towards nut consumption is closely related to socio-economic condition,” said the report, released in the second week […]