Under a contract between the Canadian Commercial Corporation (CCC) and Canpotex, Canada will increase the amount of Canadian potash supplied to Bangladesh in 2023. The Canadian potash will support Bangladesh’s agricultural sector and strengthen its domestic food production and security. The agreement, which is in line with Canada’s commitment to deepening regional agriculture and agri-food partnerships under the new Indo-Pacific Strategy, will help Bangladesh address the increased food insecurity it is facing due to Russia’s illegal war against Ukraine. In Canada, the deal will support hundreds of well-paying jobs and contribute to economic growth and stability. In 2022, Canadian exports of potash to Bangladesh were valued at more than $500 million.
