Canada’s potash workers to benefit from export contract to Bangladesh
April 23, 2014 - Saskatoon, Saskatchewan - Foreign Affairs, Trade and Development Canada
The Honourable Ed Fast, Minister of International Trade, today announced that Canada has signed a US$40-million contract to supply potash to Bangladesh from Canpotex Ltd. Minister Fast was joined by Minister Lynne Yelich, Member of Parliament Randy Hoback and Brad Wall, Premier of Saskatchewan.
The contract was negotiated between the Canadian Commercial Corporation and the Bangladesh Agricultural Development Corporation. The contract includes an option for Canpotex to supply an additional US$20-million worth of potash.
Facilitated by the Canadian Commercial Corporation, the Government of Canada’s international government-to-government contracting organization, the potash will be mined from Canpotex’s members’ mines and will be delivered to Bangladesh over the coming year.
Extractives are a priority sector under Canada’s Global Markets Action Plan.
Shannon Gutoskie
Press Secretary
Office of the Honourable Ed Fast
Minister of International Trade
613-992-7332
Media Relations Office
Foreign Affairs, Trade and Development Canada
343-203-7700
media@international.gc.ca
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