Latest news with #MinistryOfFood
Malay Mail
20-07-2025
- Business
- Malay Mail
Bangladesh signs wheat deal with US to secure tariff relief amid trade tensions
DHAKA, July 20 — Bangladesh signed a deal on Sunday to import 700,000 tonnes of wheat annually from the United States over the next five years, in a move aimed at securing tariff relief from the Trump administration amid growing trade tensions, officials said. The agreement — formalised through a memorandum of understanding inked in Dhaka between the Ministry of Food and trade group US Wheat Associates — comes at a critical moment, with Washington set to impose a 35 per cent tariff on Bangladeshi exports from August 1. Officials in Dhaka hope the pact will help narrow Bangladesh's US$6 billion trade deficit with the US and pave the way for more-favourable treatment of key export items, particularly garments, which dominate shipments to the United States. Bangladesh's de facto food minister, Ali Imam Majumder, said at the signing ceremony that the agreement would not only ensure a steady supply of high-quality wheat at competitive prices but also strengthen trade ties between the two nations. 'This step reflects our willingness to build mutual trust and deepen economic cooperation with the United States,' he said. The US tariff hike has rattled Bangladesh's export sector, especially the ready-made garments industry, which fears losing competitiveness in one of its largest markets. The wheat initiative is widely seen as part of a broader diplomatic and trade strategy to soften Washington's stance and open the door for further negotiations. Officials from the Ministry of Commerce said talks are ongoing with US counterparts in an effort to lower the duty, arguing that such high tariffs could significantly undermine Bangladesh's competitiveness in the American market. Bangladesh imports around 7 million tonnes of wheat each year, with the bulk sourced from the Black Sea region due to its lower cost. Smaller volumes of higher-quality wheat, including some from the United States, are also imported for blending. — Reuters
CNA
20-07-2025
- Business
- CNA
Bangladesh signs US wheat-import deal in bid to curb tariff pressure
DHAKA: Bangladesh signed a deal on Sunday (Jul 20) to import 700,000 tonnes of wheat annually from the United States over the next five years, in a move aimed at securing tariff relief from the Trump administration amid growing trade tensions, officials said. The agreement – formalised through a memorandum of understanding inked in Dhaka between the Ministry of Food and trade group US Wheat Associates – comes at a critical moment, with Washington set to impose a 35 per cent tariff on Bangladeshi exports from Aug 1. Officials in Dhaka hope the pact will help narrow Bangladesh's US$6 billion trade deficit with the US and pave the way for more-favourable treatment of key export items, particularly garments, which dominate shipments to the United States. Bangladesh's de facto food minister, Ali Imam Majumder, said at the signing ceremony that the agreement would not only ensure a steady supply of high-quality wheat at competitive prices but also strengthen trade ties between the two nations. 'This step reflects our willingness to build mutual trust and deepen economic cooperation with the United States,' he said. The US tariff hike has rattled Bangladesh's export sector, especially the ready-made garments industry, which fears losing competitiveness in one of its largest markets. The wheat initiative is widely seen as part of a broader diplomatic and trade strategy to soften Washington's stance and open the door for further negotiations. Officials from the Ministry of Commerce said talks are ongoing with US counterparts in an effort to lower the duty, arguing that such high tariffs could significantly undermine Bangladesh's competitiveness in the American market. Bangladesh imports around 7 million tonnes of wheat each year, with the bulk sourced from the Black Sea region due to its lower cost. Smaller volumes of higher-quality wheat, including some from the United States, are also imported for blending.
Reuters
20-07-2025
- Business
- Reuters
Bangladesh signs US wheat-import deal in bid to curb tariff pressure
DHAKA, July 20 (Reuters) - Bangladesh signed a deal on Sunday to import 700,000 tonnes of wheat annually from the United States over the next five years, in a move aimed at securing tariff relief from the Trump administration amid growing trade tensions, officials said. The agreement — formalised through a memorandum of understanding inked in Dhaka between the Ministry of Food and trade group U.S. Wheat Associates — comes at a critical moment, with Washington set to impose a 35% tariff on Bangladeshi exports from August 1. Officials in Dhaka hope the pact will help narrow Bangladesh's $6 billion trade deficit with the U.S. and pave the way for more-favourable treatment of key export items, particularly garments, which dominate shipments to the United States. Bangladesh's de facto food minister, Ali Imam Majumder, said at the signing ceremony that the agreement would not only ensure a steady supply of high-quality wheat at competitive prices but also strengthen trade ties between the two nations. 'This step reflects our willingness to build mutual trust and deepen economic cooperation with the United States,' he said. The U.S. tariff hike has rattled Bangladesh's export sector, especially the ready-made garments industry, which fears losing competitiveness in one of its largest markets. The wheat initiative is widely seen as part of a broader diplomatic and trade strategy to soften Washington's stance and open the door for further negotiations. Officials from the Ministry of Commerce said talks are ongoing with U.S. counterparts in an effort to lower the duty, arguing that such high tariffs could significantly undermine Bangladesh's competitiveness in the American market. Bangladesh imports around 7 million tonnes of wheat each year, with the bulk sourced from the Black Sea region due to its lower cost. Smaller volumes of higher-quality wheat, including some from the United States, are also imported for blending.
South Wales Guardian
27-05-2025
- Entertainment
- South Wales Guardian
Jamie Oliver hailed as ‘absolute legend' by wife Jools as he celebrates 50th
Jools, who married the presenter and restaurateur in 2000, shared a video to her Instagram page on Tuesday that included pictures of the couple and their five children. She wrote: 'Happy birthday my absolute LEGEND we love you SO much xxx and can not wait to celebrate you today 50. 'WOW we are so proud of everything you have achieved so far, you are wonderful xxxx love you xxx.' A post shared by Jools Oliver (@joolsoliver) Oliver posted a series of heart emojis in the comments section. The couple, who celebrate their 25th anniversary in June, are parents to children Poppy, Daisy, Petal, Buddy and River. Oliver has written a slew of cooking books and released his first children's book, Billy And The Giant Adventure, in 2023. Last year he apologised and withdrew a children's book he wrote after it was criticised for causing offence to First Nation Australians. In the noughties he was known as The Naked Chef, after his 1999 book and TV series of the same name. He has long campaigned on children's food and nutrition and caused a furore in 2005 when he hit out at Turkey Twizzlers in school meals, in an attempt to make school dinners healthier for students. In 2024 he celebrated 15 years of his food education programme, the Ministry Of Food, which delivers lessons on how to cook and eat healthy food at schools and communities across the UK. His notable TV shows include Jamie Oliver's Food Revolution, Jamie's School Dinners, Jamie Cooks Italy, and Jamie And Jimmy's Friday Night Feast. His restaurant empire which included Jamie's Italian, collapsed into administration in May 2019. He currently owns a number of restaurants, including a location at Catherine Street in London which opened in 2023.
Leader Live
27-05-2025
- Entertainment
- Leader Live
Jamie Oliver hailed as ‘absolute legend' by wife Jools as he celebrates 50th
Jools, who married the presenter and restaurateur in 2000, shared a video to her Instagram page on Tuesday that included pictures of the couple and their five children. She wrote: 'Happy birthday my absolute LEGEND we love you SO much xxx and can not wait to celebrate you today 50. 'WOW we are so proud of everything you have achieved so far, you are wonderful xxxx love you xxx.' A post shared by Jools Oliver (@joolsoliver) Oliver posted a series of heart emojis in the comments section. The couple, who celebrate their 25th anniversary in June, are parents to children Poppy, Daisy, Petal, Buddy and River. Oliver has written a slew of cooking books and released his first children's book, Billy And The Giant Adventure, in 2023. Last year he apologised and withdrew a children's book he wrote after it was criticised for causing offence to First Nation Australians. In the noughties he was known as The Naked Chef, after his 1999 book and TV series of the same name. He has long campaigned on children's food and nutrition and caused a furore in 2005 when he hit out at Turkey Twizzlers in school meals, in an attempt to make school dinners healthier for students. In 2024 he celebrated 15 years of his food education programme, the Ministry Of Food, which delivers lessons on how to cook and eat healthy food at schools and communities across the UK. His notable TV shows include Jamie Oliver's Food Revolution, Jamie's School Dinners, Jamie Cooks Italy, and Jamie And Jimmy's Friday Night Feast. His restaurant empire which included Jamie's Italian, collapsed into administration in May 2019. He currently owns a number of restaurants, including a location at Catherine Street in London which opened in 2023.
