Commerce minister Tipu Munshi on Thursday said that the state-owned Trading Corporation of Bangladesh would start selling onion at Tk 25 a kg across the country from Saturday.
At a press conference on the present situation of trade and business, Tipu said that the country had a stock of essential commodities that would last another four months as the government played a proactive role facing the impact of the coronavirus outbreak.
He said that the government had sent letters to the importers of essential commodities requesting them to adopt forward purchase policies so that people could avail the essential commodities at stable prices for the entire year.
The minister claimed that the prices of essential commodities remained stable during Ramadan.
He said that although the prices of ginger had gone up on the market, they came down after the Directorate of National Consumer Rights Protection took legal action against some dishonest businesspersons.
The minister said that under the arrangement of the commerce ministry, TCB had started selling Ramadan essentials at 500 points across the country in an aim to keep the prices stable.
The ministry had strengthened its monitoring over the market and 62 teams of the Directorate of National Consumer Rights Protection conducted at total of 1,759 drives and fined dishonest businesses worth a total of Tk 99.15 lakh between March 21 and May 5, he said.
Tipu said that in order to ensure uninterrupted export and import with India, the government was prioritising transport through four rail routes, including Hili, Birol, Darshana and Benapole.
The minister said that under the changed global business scenario, commercial councillors in 21 foreign countries were working to explore the potential export items for Bangladesh.
He said that the government would discuss the ongoing business situation with the global buyers and request them to not cancel orders placed in Bangladesh.
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