In a significant move to bolster egg supply and maintain price stability in the domestic market, Commerce Minister Tipu Munshi has announced that imported eggs will become available this week. The decision comes as part of the government’s efforts to alleviate any potential shortage of eggs and mitigate rising prices.
Minister Munshi revealed this development while addressing an event where the Trading Corporation of Bangladesh (TCB) introduced the sale of five subsidized products to one crore family cardholders across the nation throughout October. The ceremony took place in the Dhanmondi area of the capital city.
To execute this initiative, the government granted permission to 15 selected traders to import a staggering 15 crore eggs, a move aimed at increasing the egg supply and subsequently stabilizing prices. Seven of these traders have already opened Letters of Credit (LCs), with the first shipment of imported eggs expected to arrive in the country this week.
Importers are obliged to adhere to certain stringent conditions, one of which necessitates that the imported eggs are free from avian influenza or bird flu viruses and harmful bacteria. To verify this, the exporting country must furnish a certificate confirming the eggs’ safety and quality to the Bangladeshi government.
Minister Munshi also emphasized the government’s commitment to transparency and accountability in the distribution of TCB cards, which are aimed at assisting families with essential products. Notably, the conversion of one crore cards into smart cards is in its final stages, reflecting ongoing efforts to streamline the distribution process.
The event witnessed the participation of Tapan Kanti Ghosh, Senior Secretary of the Ministry of Commerce, and TCB Chairman Brigadier General Md. Ariful Hasan PSC, alongside Dhaka North City Corporation Ward No. 15 Councilor Rafiqul Islam Babla, among others.
This proactive move to import eggs is poised to provide consumers with a more stable and affordable source of nutrition and, in the long run, contribute to controlling the price of eggs in the local market.
