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Canpotex signs major potash export contract with Bangladesh

7:26 AM MDT | April 24, 2014 | Francinia Protti-Alvarez

Canada has signed a $40-million contract to supply potash to Bangladesh via Canpotex (Saskatoon, SK), according to Canada's ministry of foreign affairs, trade, and development. The contract was negotiated between the Canadian Commercial Corp. (Ottawa)—the country's international government-to-government contracting organization—and the Bangladesh Agricultural Development Corp. (Dhaka), and it includes an option for Canpotex to supply an additional $20 million worth of potash. The potash will be mined from Canpotex’s members’ mines and will...

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