Dhaka: The Bangladesh government has permitted the private sector to import 500,000 tonnes of lentils and 500,000 tonnes of sugar in an effort to stabilize the supply and prices of essential commodities in the domestic market, according to the local media Dhaka Tribune.
The imports will be made in favor of Sincos Automation Technology Limited.
As per the recent Ministry of Commerce notification, lentils and sugar are classified as freely importable items. Under the current Import Policy Order 2021–2024, both products can be commercially imported through letters of credit without any restrictions.
Sincos Automation Technology Limited is permitted to import the specified quantities on a commercial basis, provided the products meet international standards and comply with the requirements of the Bangladesh Standards and Testing Institution (BSTI).
