August 24, 2026

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Edible oil traders and sugar refiners was held Exchange meeting with Trade Adviser

On Tuesday (August 27) afternoon, a discussion meeting was held with businessmen of edible oil and sugar refiners in Bangladesh with Trade Advisor Dr. Salehuddin Ahmed in the conference room of the Ministry of Finance.

The advisor said, in our country, oil and sugar are widely used in everyday products. It is the desire of the present government to keep the supply chain of these running and deliver them to the people at reasonable prices. In this case, the cooperation of businessmen is necessary.

LC opening and LC margin will be taken steps to mention Dr. Saleh Uddin Ahmed said that the price of products cannot be increased in any way. Bad practices in business should be reduced.

Traders have to pay VAT and other taxes of Rs 42 per kg of sugar. Mentioning it as unfair, they said, there is no such thing in any other country in the world. They demanded rescheduling of existing VAT and taxes.

During this time, traders who refine edible oil and sugar informed the trade adviser about the demand and stock situation of daily commodities in the country.

Representatives of Deshbandhu Group, Meghna Group, S Alam Group, Meghna Group, TK Group and City Group participated in the exchange meeting.

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