Bangladesh plans to import 500,000 tonnes of wheat at $430 a tonne from Russia in a government-to-government deal as it battles to secure supplies amid surging prices.
Two government officials with the direct knowledge of matter revealed the information on Sunday, reports bdnews24.com.
One of the officials said the deal with Russia will be signed in a few days and the shipment will take place in phases by January.
Bangladesh will pay in US dollars for the import, the other official said, adding the cost included freight, insurance and unloading.
Both officials spoke on condition of anonymity as they are not authorised to talk to media.
Bangladesh is a major importer of black sea wheat but no supplies have reached the country since the Russia-Ukraine war began in February.
